On Tuesday, Digital Turbine Inc (NASDAQ: APPS) opened higher 5.91% from the last session, before settling in for the closing price of $2.37. Price fluctuations for APPS have ranged from $1.18 to $6.03 over the past 52 weeks.
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Annual sales at Technology sector company grew by 53.85% over the past five years. Company’s average yearly earnings per share was noted -75.35% at the time writing. With a float of $90.16 million, this company’s outstanding shares have now reached $103.52 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 and Institutional Ownership
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 13.08%, while institutional ownership is 52.93%. 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) Latest Financial update
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.
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 0.53.
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 2.99 million, a negative change from its year-to-date volume of 3.01 million. As of the previous 9 days, the stock’s Stochastic %D was 89.74%. Additionally, its Average True Range was 0.20.
During the past 100 days, Digital Turbine Inc’s (APPS) raw stochastic average was set at 52.78%, which indicates a significant decrease from 90.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.61% in the past 14 days, which was lower than the 134.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.70, while its 200-day Moving Average is $2.27. Nevertheless, the first resistance level for the watch stands at $2.65 in the near term. At $2.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.97. If the price goes on to break the first support level at $2.33, it is likely to go to the next support level at $2.14. The third support level lies at $2.01 if the price breaches the second support level.
Digital Turbine Inc (NASDAQ: APPS) Key Stats
There are currently 103,726K shares outstanding in the company with a market cap of 260.35 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.
