On Friday, Digital Turbine Inc (NASDAQ: APPS) opened higher 0.70% 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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During the last 5-year period, the sales growth of Technology Sector giant was 53.85%. Company’s average yearly earnings per share was noted -75.35% at the time writing. With a float of $91.82 million, this company’s outstanding shares have now reached $103.52 million.
Let’s determine the extent of company efficiency that accounts 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) 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 11.48%, 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) Recent Fiscal highlights
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 0.30.
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)
Looking closely at Digital Turbine Inc (NASDAQ: APPS), its last 5-days average volume was 2.2 million, which is a drop from its year-to-date volume of 3.09 million. As of the previous 9 days, the stock’s Stochastic %D was 15.28%. Additionally, its Average True Range was 0.15.
During the past 100 days, Digital Turbine Inc’s (APPS) raw stochastic average was set at 7.27%, which indicates a significant decrease from 16.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.54% in the past 14 days, which was lower than the 154.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.3047, while its 200-day Moving Average is $2.3787. However, in the short run, Digital Turbine Inc’s stock first resistance to watch stands at $1.4600. Second resistance stands at $1.4900. The third major resistance level sits at $1.5200. If the price goes on to break the first support level at $1.4000, it is likely to go to the next support level at $1.3700. Now, if the price goes above the second support level, the third support 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 149.37 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.
