Digital Turbine Inc (NASDAQ: APPS): Do Not Miss The Gain Train

Digital Turbine Inc (APPS) concluded trading on Wednesday at a closing price of $3.58, with 4.04 million shares of worth about $14.48 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.18% during that period and on March 05, 2025 the price saw a gain of about 13.65%. Currently the company’s common shares owned by public are about 104.83M shares, out of which, 90.78M shares are available for trading.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.

Stock saw a price change of 0.00% in past 5 days and over the past one month there was a price change of 40.94%. Year-to-date (YTD), APPS shares are showing a performance of 111.83% which increased to 11.53% 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 $6.86 during that period. The average intraday trading volume for Digital Turbine Inc shares is 6.75 million. The stock is currently trading -19.87% below its 20-day simple moving average (SMA20), while that difference is up 18.46% for SMA50 and it goes to 41.69% higher than SMA200.

Digital Turbine Inc (NASDAQ: APPS) currently have 104.83M outstanding shares and institutions hold larger chunk of about 45.97% of that.

The stock has a current market capitalization of $375.92M and its 3Y-monthly beta is at 2.45. It has posted earnings per share of -$3.03 in the same period. It has Quick Ratio of 1.05 while making debt-to-equity ratio of 2.54. 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 12.29% while standing at 15.87% over the month.

Stock’s fiscal year EPS is expected to drop by -50.00% while it is estimated to increase by 34.48% in next year.

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.

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