On Friday, Digital Turbine Inc (NASDAQ: APPS) opened higher 5.63% from the last session, before settling in for the closing price of $1.42. Price fluctuations for APPS have ranged from $1.18 to $7.32 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 53.85%. Company’s average yearly earnings per share was noted -75.35% at the time writing. With a float of $91.69 million, this company’s outstanding shares have now reached $103.52 million.
The extent of productivity of a business whose workforce counts for 754 workers is very important to gauge. 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
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 11.60%, while institutional ownership is 52.92%. The most recent insider transaction that took place on Nov 27 ’24, was worth 10,010. In this transaction Director of this company bought 7,000 shares at a rate of $1.43, taking the stock ownership to the 24,640 shares. Before that another transaction happened on Nov 26 ’24, when Company’s Director bought 7,000 for $1.42, making the entire transaction worth $9,940. This insider now owns 216,364 shares in total.
Digital Turbine Inc (APPS) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
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
Check out the current performance indicators for Digital Turbine Inc (APPS). In the past quarter, the stock posted a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.33.
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)
The latest stats from [Digital Turbine Inc, APPS] show that its last 5-days average volume of 2.29 million was inferior to 3.11 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 41.57%. Additionally, its Average True Range was 0.17.
During the past 100 days, Digital Turbine Inc’s (APPS) raw stochastic average was set at 9.30%, which indicates a significant decrease from 78.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.14% in the past 14 days, which was lower than the 156.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.4489, while its 200-day Moving Average is $2.4217. Now, the first resistance to watch is $1.5400. This is followed by the second major resistance level at $1.5800. The third major resistance level sits at $1.6400. If the price goes on to break the first support level at $1.4400, it is likely to go to the next support level at $1.3800. Assuming the price breaks the second support level, the third support level stands at $1.3400.
Digital Turbine Inc (NASDAQ: APPS) Key Stats
There are currently 103,726K shares outstanding in the company with a market cap of 164.36 million. Presently, the company’s annual sales total 544,480 K according to its annual income of -420,230 K. Last quarter, the company’s sales amounted to 118,730 K and its income totaled -24,990 K.
