Digital Turbine Inc (APPS) currently has a stock price of $5.69. The stock saw a sharp increase in the last trading session, hitting a high of $7.0 after opening at $5.69. The lowest recorded price for the day was $4.5 before it closed at $5.12.
Digital Turbine Inc’s stock market performance has been consistent.
52-week price history of APPS Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Digital Turbine Inc’s current trading price is -26.77% away from its 52-week high, while its distance from the 52-week low is 382.20%. The stock’s price range for this period has remained between $1.18 and $7.77. The Technology sector company’s shares managed to surpass a trading volume of around 5.06 million for the day, which was noticeably lower compared to the shares’ average daily volume of 5.99 million over the last three months.
Financial Performance and Market Capitalization
Digital Turbine Inc (APPS) has experienced a quarterly rise of 83.55% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 614.28M and boasts a workforce of 647 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.32, with a change in price of +2.81. Similarly, Digital Turbine Inc recorded 5,003,949 in trading volume during the last 100 days, posting a change of +97.57%.
APPS Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for APPS stands at 2.72. Similarly, the long-term debt-to-equity ratio is also 2.69.
APPS Stock Stochastic Average
As of today, the raw stochastic average of Digital Turbine Inc over the past 50 days is 44.09%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 74.31%. Additionally, the Stochastic %K and %D values for the company were 44.55% and 30.15%, respectively, over the past 20 days.
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. Year to date metric has recorded a gain of 139.08%.However, over the last six months, we can see a weaker performance of 117.18%. Over the last 30 days, the price of APPS has leaped by -5.64%. And in the last five days, it has surged by 4.60%.
