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 -87.54% away from its 52-week high, while its distance from the 52-week low is 2.25%. 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 1.09 million for the day, a number notably lower than the average daily volume of 2.81 million over the last three months.
Digital Turbine Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $14.61 on 05/24/23, while the lowest price for the same period was registered 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 -68.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 185.68M 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 4.2673, with a change in price of -2.8300. Similarly, Digital Turbine Inc recorded 2,529,479 in trading volume during the last 100 days, posting a change of -60.86%.
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 2.01%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 4.12%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 11.68% and 11.77%, respectively.
APPS Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -73.47% this year. Over the last six months, there has been a stronger performance of -64.24%. The price of APPS leaped by -26.32% during the last 30 days period. For the last 5-days stocks have slided -4.71%.
