The market performance of Digital Turbine Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $6.47 on 01/08/24, while the lowest value for the same duration was $1.18 on 11/19/24.
52-week price history of APPS Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Digital Turbine Inc’s current trading price is -68.16% away from its 52-week high, while its distance from the 52-week low is 74.58%. The stock’s price range during the 52-week period has remained between $1.18 and $6.47. In the Technology sector, the company’s shares saw a trading volume of around 2.33 million for the day, which was evidently lower than the average daily volume of 3.84 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Digital Turbine Inc (APPS) has experienced a quarterly decline of -32.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 213.67M and boasts a workforce of 754 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.52, with a change in price of -1.13. Similarly, Digital Turbine Inc recorded 3,507,183 in trading volume during the last 100 days, posting a change of -34.91%.
Examining APPS’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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
Digital Turbine Inc’s raw stochastic average for the past 50 days is presently 36.86%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 90.31%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 88.96% and 76.70%, respectively.
APPS Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 21.89%. However, over the past six months, we’ve seen a weaker performance of 15.73%. The price of APPS fallen by 45.07% over the last 30 days. And in the last five days, it has surged by 13.19%.
