The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of Digital Turbine Inc (NASDAQ: APPS) was $5.94 for the day, down -1.49% from the previous closing price of $6.03. In other words, the price has decreased by -$1.49 from its previous closing price. On the day, 5.56 million shares were traded. APPS stock price reached its highest trading level at $6.245 during the session, while it also had its lowest trading level at $5.68.
Ratios:
Our analysis of APPS’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 635473088 and an Enterprise Value of 1009399488. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 4.09. 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 2.3370786 over the last 52 weeks, in comparison to a change of 0.11708844 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 26.58%, while the 200-Day Moving Average is calculated to be 84.35%.
Shares Statistics:
APPS traded an average of 5.76M shares per day over the past three months and 6919920 shares per day over the past ten days. A total of 105.98M shares are outstanding, with a floating share count of 92.58M. Insiders hold about 13.46% of the company’s shares, while institutions hold 54.14% stake in the company. Shares short for APPS as of 1749772800 were 8964117 with a Short Ratio of 1.56, compared to 1747267200 on 7125715. Therefore, it implies a Short% of Shares Outstanding of 8964117 and a Short% of Float of 9.8900005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
