On Friday, Digital Turbine Inc (NASDAQ: APPS) was -1.80% drop from the session before settling in for the closing price of $4.99. A 52-week range for APPS has been $1.18 – $5.34.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Technology Sector giant saw their annual sales surged by 53.85% over the last five years. When this article was written, the company’s average yearly earnings per share was at -66.73%. With a float of $91.28 million, this company’s outstanding shares have now reached $104.83 million.
The firm has a total of 754 workers. Let’s measure their productivity. In terms of profitability, gross margin is 50.4%, operating margin of -12.23%, and the pretax margin is -58.69%.
Digital Turbine Inc (APPS) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Digital Turbine Inc stocks. The insider ownership of Digital Turbine Inc is 13.07%, while institutional ownership is 51.54%. 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 -66.73% per share during the next fiscal year.
Digital Turbine Inc (NASDAQ: APPS) Trading Performance Indicators
You can see what Digital Turbine Inc (APPS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.03, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.26 in one year’s time.
Technical Analysis of Digital Turbine Inc (APPS)
Analysing the last 5-days average volume posted by the [Digital Turbine Inc, APPS], we can find that recorded value of 31.94 million was better than the volume posted last year of 8.76 million. As of the previous 9 days, the stock’s Stochastic %D was 85.31%. Additionally, its Average True Range was 0.40.
During the past 100 days, Digital Turbine Inc’s (APPS) raw stochastic average was set at 92.54%, which indicates a significant increase from 90.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 273.87% in the past 14 days, which was higher than the 171.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.98, while its 200-day Moving Average is $2.32. Now, the first resistance to watch is $5.27. This is followed by the second major resistance level at $5.63. The third major resistance level sits at $6.07. If the price goes on to break the first support level at $4.47, it is likely to go to the next support level at $4.03. Now, if the price goes above the second support level, the third support stands at $3.67.
Digital Turbine Inc (NASDAQ: APPS) Key Stats
There are 105,007K outstanding shares of the company, which has a market capitalization of 514.53 million. As of now, sales total 544,480 K while income totals -420,230 K. Its latest quarter income was 118,730 K while its last quarter net income were -24,990 K.
