Digital Turbine Inc (NASDAQ: APPS) on Friday, soared 0.70% from the previous trading day, before settling in for the closing price of $1.43. Within the past 52 weeks, APPS’s price has moved between $1.18 and $7.32.
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Annual sales at Technology sector company grew by 53.85% over the past five years. The company achieved an average annual earnings per share of -75.35%. With a float of $91.70 million, this company’s outstanding shares have now reached $102.12 million.
Let’s look at the performance matrix of the company that is accounted for 754 employees. In terms of profitability, gross margin is 36.97%, operating margin of -11.32%, and the pretax margin is -56.96%.
Digital Turbine Inc (APPS) Insider Updates
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Digital Turbine Inc is 11.60%, while institutional ownership is 52.89%. The most recent insider transaction that took place on Nov 26 ’24, was worth 9,940. In this transaction Director of this company bought 7,000 shares at a rate of $1.42, taking the stock ownership to the 216,364 shares. Before that another transaction happened on Nov 20 ’24, when Company’s Director bought 5,000 for $1.39, making the entire transaction worth $6,950. This insider now owns 416,861 shares in total.
Digital Turbine Inc (APPS) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -75.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.44% during the next five years compared to -121.76% drop over the previous five years of trading.
Digital Turbine Inc (NASDAQ: APPS) Trading Performance Indicators
Digital Turbine Inc (APPS) is currently performing well based on its current performance indicators. A quick ratio of 1.09 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.95, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.26 in one year’s time.
Technical Analysis of Digital Turbine Inc (APPS)
Digital Turbine Inc (NASDAQ: APPS) saw its 5-day average volume 2.56 million, a negative change from its year-to-date volume of 3.12 million. As of the previous 9 days, the stock’s Stochastic %D was 61.79%. Additionally, its Average True Range was 0.21.
During the past 100 days, Digital Turbine Inc’s (APPS) raw stochastic average was set at 7.56%, which indicates a significant decrease from 63.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.67% in the past 14 days, which was lower than the 161.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.5807, while its 200-day Moving Average is $2.4710. Nevertheless, the first resistance level for the watch stands at $1.4967 in the near term. At $1.5533, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.5917. If the price goes on to break the first support level at $1.4017, it is likely to go to the next support level at $1.3633. Assuming the price breaks the second support level, the third support level stands at $1.3067.
Digital Turbine Inc (NASDAQ: APPS) Key Stats
Market capitalization of the company is 150.40 million based on 103,726K outstanding shares. Right now, sales total 544,480 K and income totals -420,230 K. The company made 118,730 K in profit during its latest quarter, and -24,990 K in sales during its previous quarter.
