The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Digital Turbine Inc’s current trading price is -87.27% away from its 52-week high, while its distance from the 52-week low is 4.49%. The stock’s price range for this period has been between $1.78 and $14.61 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 1.89 million for the day, a number notably lower than the average daily volume of 2.8 million over the last three months.
In terms of market performance, Digital Turbine Inc had a fairly uneven. The highest value for the stock in the past year was $14.61 on 05/24/23, and the lowest value was recorded at $1.78 on 04/16/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Digital Turbine Inc (APPS) has experienced a quarterly decline of -64.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 189.76M and boasts a workforce of 777 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.4476, with a change in price of -3.1500. Similarly, Digital Turbine Inc recorded 2,503,801 in trading volume during the last 100 days, posting a change of -62.87%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for APPS stands at 0.84. Similarly, the long-term debt-to-equity ratio is also 0.84.
APPS Stock Stochastic Average
Digital Turbine Inc’s raw stochastic average for the past 50 days is presently 2.25%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 6.90%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 5.13% and 4.53%, respectively.
APPS Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price loss of -72.89% this year. Over the last six months, there has been a stronger performance of -66.24%. The price of APPS leaped by -34.04% during the last 30 days period. For the last 5-days stocks have slided -9.27%.
