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Analyzing the Impact of Earnings Reports on Digital Turbine Inc Inc. (APPS) Price Performance

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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 -55.39% this year. Over the last six months, there has been a weaker performance of 59.38%. The price of APPS fallen by 10.87% during the last 30 days period. For the last 5-days stocks have slided -11.56%.

Digital Turbine Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $7.32 on 12/19/23 and a low of $1.39 for the same time frame on 06/27/24.

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52-week price history of APPS Stock

Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Digital Turbine Inc’s current trading price is -58.23% away from its 52-week high, while its distance from the 52-week low is 120.14%. The stock’s price range during this time has been between $1.39 and $7.32. The trading volume for the Technology sector company’s shares reached about 1.57 million for the day, which was lower than the average daily volume of 4.06 million over the last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Digital Turbine Inc (APPS) has experienced a quarterly rise of 31.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 314.51M and boasts a workforce of 754 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.55, with a change in price of +1.17. Similarly, Digital Turbine Inc recorded 3,382,591 in trading volume during the last 100 days, posting a change of +61.90%.

APPS’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for APPS stands at 2.04. Similarly, the long-term debt-to-equity ratio is also 2.04.

APPS Stock Stochastic Average

Today’s raw stochastic average for Digital Turbine Inc over the last 50 days is 25.36%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 42.02%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 53.36% and 59.03%, respectively.

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