Digital Turbine Inc. (APPS) is primed for evolution with the beta value of 2.16

Digital Turbine Inc. (APPS) is priced at $30.62 after the most recent trading session. At the very opening of the session, the stock price was $28.81 and reached a high price of $31.07, prior to closing the session it reached the value of $28.66. The stock touched a low price of $28.2501.

Recently in News on October 29, 2020, Digital Turbine Reports Fiscal 2021 Second Quarter Results. Broad Business Momentum Drove Second Quarter Revenue of $70.9 Million, Representing 116% Annual Growth. You can read further details here


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Digital Turbine Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $42.36 on 10/14/20, with the lowest value was $3.48 for the same time period, recorded on 03/18/20.

Digital Turbine Inc. (APPS) full year performance was 334.94%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Digital Turbine Inc. shares are logging -27.71% during the 52-week period from high price, and 779.89% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $3.48 and $42.36.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 3806581 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Digital Turbine Inc. (APPS) recorded performance in the market was 329.45%, having the revenues showcasing 97.04% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.98B, as it employees total of 207 workers.

Analysts verdict on Digital Turbine Inc. (APPS)

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 23.23, with a change in the price was noted +22.00. In a similar fashion, Digital Turbine Inc. posted a movement of +255.22% for the period of last 100 days, recording 3,901,332 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for APPS is recording 0.20 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.18.

Digital Turbine Inc. (APPS): Technical Analysis

Raw Stochastic average of Digital Turbine Inc. in the period of last 50 days is set at 46.05%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 31.35%. In the last 20 days, the company’s Stochastic %K was 23.58% and its Stochastic %D was recorded 16.14%.

Let’s take a glance in the erstwhile performances of Digital Turbine Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 329.45%. Additionally, trading for the stock in the period of the last six months notably improved by 455.72%, alongside a boost of 334.94% for the period of the last 12 months. The shares increased approximately by -3.44% in the 7-day charts and went up by -10.94% in the period of the last 30 days. Common stock shares were driven by 97.04% during last recorded quarter.

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