Digital Turbine Inc (APPS) concluded trading on Wednesday at a closing price of $1.50, with 9.53 million shares of worth about $14.29 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.38% during that period and on December 18, 2024 the price saw a gain of about 2.74%. Currently the company’s common shares owned by public are about 103.52M shares, out of which, 91.82M shares are available for trading.
Stock saw a price change of 2.74% in past 5 days and over the past one month there was a price change of 20.00%. Year-to-date (YTD), APPS shares are showing a performance of -78.13% which decreased to -78.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.18 but also hit the highest price of $7.32 during that period. The average intraday trading volume for Digital Turbine Inc shares is 3.37 million. The stock is currently trading 2.77% above its 20-day simple moving average (SMA20), while that difference is down -32.31% for SMA50 and it goes to -36.27% lower than SMA200.
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Digital Turbine Inc (NASDAQ: APPS) currently have 103.52M outstanding shares and institutions hold larger chunk of about 52.92% of that.
The stock has a current market capitalization of $155.59M and its 3Y-monthly beta is at 2.40. It has posted earnings per share of -$2.95 in the same period. It has Quick Ratio of 1.09 while making debt-to-equity ratio of 2.28. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for APPS, volatility over the week remained 9.08% while standing at 8.16% over the month.
Stock’s fiscal year EPS is expected to drop by -75.35% while it is estimated to increase by 83.01% in next year. EPS is likely to grow at an annualized rate of 8.44% for next 5-years, compared to annual growth of -121.76% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on November 15, 2024 offering an Underperform rating for the stock and assigned a target price of $1 to it. Coverage by Craig Hallum stated Digital Turbine Inc (APPS) stock as a Buy in their note to investors on May 29, 2024, suggesting a price target of $5 for the stock. On February 08, 2024, Craig Hallum Reiterated their recommendations, while on September 14, 2023, BofA Securities Downgrade their ratings for the stock with a price target of $8. Stock get a Neutral rating from ROTH MKM on May 25, 2023.
