On Monday, Digital Turbine Inc (NASDAQ: APPS) opened at On Monday, remained unchanged from the last session, before settling in for the closing price of $1.87. Price fluctuations for APPS have ranged from $1.87 to $14.61 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Technology Sector giant was 71.87%. Company’s average yearly earnings per share was noted -56.33% at the time writing. With a float of $91.55 million, this company’s outstanding shares have now reached $99.46 million.
Let’s determine the extent of company efficiency that accounts for 777 employees.
Digital Turbine Inc (APPS) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Digital Turbine Inc is 10.26%, while institutional ownership is 65.00%. The most recent insider transaction that took place on Sep 15 ’23, was worth 136,800. In this transaction Director of this company bought 20,000 shares at a rate of $6.84, taking the stock ownership to the 370,055 shares. Before that another transaction happened on Sep 15 ’23, when Company’s Director bought 20,000 for $6.73, making the entire transaction worth $134,600. This insider now owns 49,971 shares in total.
Digital Turbine Inc (APPS) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 51.50 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -56.33% per share during the next fiscal year.
Digital Turbine Inc (NASDAQ: APPS) Trading Performance Indicators
Check out the current performance indicators for Digital Turbine Inc (APPS). In the past quarter, the stock posted a quick ratio of 1.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.33. Likewise, its price to free cash flow for the trailing twelve months is 5.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.97, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.45 in one year’s time.
Technical Analysis of Digital Turbine Inc (APPS)
Looking closely at Digital Turbine Inc (NASDAQ: APPS), its last 5-days average volume was 2.02 million, which is a drop from its year-to-date volume of 2.63 million. As of the previous 9 days, the stock’s Stochastic %D was 8.03%. Additionally, its Average True Range was 0.17.
During the past 100 days, Digital Turbine Inc’s (APPS) raw stochastic average was set at 1.62%, which indicates a significant decrease from 9.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.74% in the past 14 days, which was lower than the 76.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.0748, while its 200-day Moving Average is $6.0650. However, in the short run, Digital Turbine Inc’s stock first resistance to watch stands at $1.9067. Second resistance stands at $1.9433. The third major resistance level sits at $2.0067. If the price goes on to break the first support level at $1.8067, it is likely to go to the next support level at $1.7433. Now, if the price goes above the second support level, the third support stands at $1.7067.
Digital Turbine Inc (NASDAQ: APPS) Key Stats
There are currently 102,021K shares outstanding in the company with a market cap of 190.78 million. Presently, the company’s annual sales total 665,920 K according to its annual income of 16,670 K. Last quarter, the company’s sales amounted to 142,630 K and its income totaled -14,060 K.
