Digital Turbine Inc (NASDAQ: APPS) started the day on Thursday, with a price decrease of -0.86% at $3.46, before settling in for the price of $3.49 at the close. Taking a more long-term approach, APPS posted a 52-week range of $1.39-$9.21.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 53.85%. Meanwhile, its Annual Earning per share during the time was -121.76%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -34.86%. This publicly-traded company’s shares outstanding now amounts to $102.12 million, simultaneously with a float of $91.38 million. The organization now has a market capitalization sitting at $355.62 million. At the time of writing, stock’s 50-day Moving Average stood at $2.45, while the 200-day Moving Average is $3.44.
Digital Turbine Inc (APPS) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Application Industry. Digital Turbine Inc’s current insider ownership accounts for 11.09%, in contrast to 51.17% institutional ownership. According to the most recent insider trade that took place on Sep 15 ’23, this organization’s Director bought 5,000 shares at the rate of 6.85, making the entire transaction reach 34,250 in total value, affecting insider ownership by 343,493. Preceding that transaction, on Sep 15 ’23, Company’s Director bought 20,000 for 6.84, making the whole transaction’s value amount to 136,800. This particular insider is now the holder of 370,055 in total.
Digital Turbine Inc (APPS) Earnings and Revenue Records
Digital Turbine Inc’s EPS decrease for this current 12-month fiscal period is -34.86% and is forecasted to reach 0.50 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.40% through the next 5 years, which can be compared against the -121.76% growth it accomplished over the previous five years trading on the market.
Digital Turbine Inc (NASDAQ: APPS) Trading Performance Indicators
Let’s observe the current performance indicators for Digital Turbine Inc (APPS). It’s Quick Ratio in the last reported quarter now stands at 1.05. The Stock has managed to achieve an average true range (ATR) of 0.36. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.69. Similarly, its price to free cash flow for trailing twelve months is now 115.84.
In the same vein, APPS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -4.31, a figure that is expected to reach 0.05 in the next quarter, and analysts are predicting that it will be 0.50 at the market close of one year from today.
Technical Analysis of Digital Turbine Inc (APPS)
If we take a close look at the recent performances of Digital Turbine Inc (NASDAQ: APPS), its last 5-days Average volume was 2.77 million that shows plunge from its year to date volume of 3.01 million. During the previous 9 days, stock’s Stochastic %D was recorded 15.00% While, its Average True Range was 0.38.
Raw Stochastic average of Digital Turbine Inc (APPS) in the period of the previous 100 days is set at 64.09%, which indicates a major rise in contrast to 36.61% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 122.83% that was higher than 121.90% volatility it exhibited in the past 100-days period.
