Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Digital Turbine Inc’s current trading price is -83.48% away from its 52-week high, while its distance from the 52-week low is -0.82%. The stock’s price range during this period has varied between $1.22 and $7.32. The company, active in the Technology sector, saw a trading volume of around 4.29 million for the day, considerably higher average daily volume of 3.55 million observed over the last three months.
Digital Turbine Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $7.32 on 12/19/23, and the lowest price during the same period was recorded at $1.22 on 11/19/24.
How Financial Performance Impacts Market Capitalization
Digital Turbine Inc (APPS) has experienced a quarterly decline of -69.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 125.51M and boasts a workforce of 754 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.7129, with a change in price of -0.4500. Similarly, Digital Turbine Inc recorded 4,042,399 in trading volume during the last 100 days, posting a change of -27.11%.
How APPS’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for APPS stands at 2.28. Similarly, the long-term debt-to-equity ratio is also 2.28.
APPS Stock Stochastic Average
As of today, the raw stochastic average of Digital Turbine Inc over the past 50 days is 1.19%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 1.19%. Additionally, the Stochastic %K and %D values for the company were 1.08% and 2.35%, respectively, over the past 20 days.
APPS Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -82.36%.However, over the last six months, we can see a stronger performance of -48.29%. Over the last 30 days, the price of APPS has leaped by -61.83%. And in the last five days, it has fallen by -11.03%.
