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As of close of business last night, Digital Turbine Inc’s stock clocked out at $1.31, down -6.43% from its previous closing price of $1.40. In other words, the price has decreased by -$6.43 from its previous closing price. On the day, 7.19 million shares were traded. APPS stock price reached its highest trading level at $1.41 during the session, while it also had its lowest trading level at $1.29.
Ratios:
To gain a deeper understanding of APPS’s stock, we examine 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 2.28 whereas as Long-Term Debt/Eq ratio is at 2.28.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 11 ’24 when DEUTSCHMAN ROBERT M bought 100,000 shares for $1.41 per share. The transaction valued at 141,000 led to the insider holds 571,216 shares of the business.
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 135881056 and an Enterprise Value of 518258496. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 1.054 whereas that against EBITDA is 14.924.
Stock Price History:
Over the past 52 weeks, APPS has reached a high of $7.32, while it has fallen to a 52-week low of $1.31. The 50-Day Moving Average of the stock is -53.88%, while the 200-Day Moving Average is calculated to be -49.71%.
Shares Statistics:
It appears that APPS traded 3.54M shares on average per day over the past three months and 8638480 shares per day over the past ten days. A total of 102.12M shares are outstanding, with a floating share count of 91.83M. Insiders hold about 11.35% of the company’s shares, while institutions hold 52.90% stake in the company. Shares short for APPS as of 1730332800 were 4919784 with a Short Ratio of 1.39, compared to 1727654400 on 5179482. Therefore, it implies a Short% of Shares Outstanding of 4919784 and a Short% of Float of 5.6399997.
