Digital Turbine Inc (APPS)’s Day in Review: Closing at 5.37, Up by 3.27

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

After finishing at $5.2 in the prior trading day, Digital Turbine Inc (NASDAQ: APPS) closed at $5.37, up 3.27%. In other words, the price has increased by $3.27 from its previous closing price. On the day, 3.69 million shares were traded. APPS stock price reached its highest trading level at $5.548 during the session, while it also had its lowest trading level at $5.18.

Ratios:

Our goal is to gain a better understanding of APPS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 2.72 whereas as Long-Term Debt/Eq ratio is at 2.69.

On May 29, 2024, Craig Hallum reiterated its Buy rating and also upped its target price recommendation from $10 to $5.

Craig Hallum reiterated its Buy rating for the stock on February 08, 2024, while the target price for the stock was revised from $12 to $10.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 10 ’25 when STONE WILLIAM GORDON III bought 100,000 shares for $2.59 per share. The transaction valued at 259,000 led to the insider holds 1,762,503 shares of the business.

STERLING MICHELLE M bought 7,000 shares of APPS for $10,010 on Nov 27 ’24. The Director now owns 24,640 shares after completing the transaction at $1.43 per share. On Nov 26 ’24, another insider, Chestnutt Roy H, who serves as the Director of the company, bought 7,000 shares for $1.42 each. As a result, the insider paid 9,940 and bolstered with 216,364 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APPS now has a Market Capitalization of 579729088 and an Enterprise Value of 1009399488. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 3.70. Its current Enterprise Value per Revenue stands at 2.058 whereas that against EBITDA is 29.042.

Stock Price History:

The Beta on a monthly basis for APPS is 2.59, which has changed by 1.3866668 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, APPS has reached a high of $7.77, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is 5.64%, while the 200-Day Moving Average is calculated to be 61.10%.

Shares Statistics:

The stock has traded on average 5.88M shares per day over the past 3-months and 3797130 shares per day over the last 10 days, according to various share statistics. A total of 105.98M shares are outstanding, with a floating share count of 93.43M. Insiders hold about 13.46% of the company’s shares, while institutions hold 56.13% stake in the company. Shares short for APPS as of 1749772800 were 8964117 with a Short Ratio of 1.90, compared to 1747267200 on 7125715. Therefore, it implies a Short% of Shares Outstanding of 8964117 and a Short% of Float of 9.8900005.