Digital Turbine, Inc. (NASDAQ:APPS) went down by -3.83% from its latest closing price when compared to the 1-year high value of $9.13 and move down -6.91%, while APPS stocks collected +5.69% of gains with the last five trading sessions. Press Release reported on 11/07/19 that Digital Turbine Ranked #63 Fastest Growing Technology Company in North America on Deloitte’s 2019 Technology Fast 500(TM)
Digital Turbine, Inc. (NASDAQ:APPS) Worth an Investment?
Digital Turbine, Inc. (NASDAQ: APPS) The 36 Months beta value for APPS stocks is at 1.55, while of the analysts out of 0 who provided ratings for Digital Turbine, Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $8.75 which is $0.21 above current price. APPS currently has a short float of 7.31% and public float of 76.69M with average trading volume of 2.03M shares.
APPS Market Performance
APPS stocks went up by 2.03% for the week, with the monthly jump of 22.17% and a quarterly performance of 15.41%, while its annual performance rate touched 389.40%. The simple moving average for the period of the last 20 days is 8.60% for APPS stocks with the simple moving average of 61.39% for the last 200 days.
Analysts’ Opinion on Digital Turbine, Inc. (NASDAQ:APPS)
Many brokerage firms have already submitted their reports for APPS stocks, with Canaccord Genuity repeating the rating for APPS shares by setting it to “Buy”. The predicted price for APPS socks in the upcoming period according to Canaccord Genuity is $14 based on the research report published on June 27, 2019.
APPS Stocks 19.39% Far from 50 Day Moving Average
After a stumble in the market that brought APPS to its low price for the period of the last 52 weeks, Digital Turbine, Inc. was unable to take a rebound, for now settling with -6.41% of loss for the given period.
The stock volatility was left at 6.07%, however, within the period of a single month, the volatility rate increased by 6.20%, while the shares surge at the distance of +21.31% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +22.88% upper at the present time.
In the course of the last 5 trading sessions, APPS went up by +5.69%, which changed the moving average for the period of 200 days to the total of +180.00% of gains for the stock in comparison to the 20-day moving average settled at $7.94. In addition, Digital Turbine, Inc. saw 366.67% in overturn over the period of a single year with a tendency to cut further gains.
APPS Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Digital Turbine, Inc. (APPS), starting from STONE WILLIAM GORDON III, who sold 10,000 shares at the price of $8.10 back on Nov 13. After this action, Rushing now owns 964,480 shares of Digital Turbine, Inc., valued at $81,000 with the latest closing price.
STERLING MICHELLE M, the Director of Digital Turbine, Inc., bought 13,640 shares at the value of $7.45 during a trade that took place back on Nov 12, which means that STERLING MICHELLE M is holding 13,640 shares at the value of $101,618 based on the most recent closing price.
APPS Stock Fundamentals
The current profitability levels are settled at +3.33 for the present operating margin and +33.53 for gross margin. The net margin for Digital Turbine, Inc. stands at -4.15. Total capital return value is set at 9.31, while invested capital returns managed to touch -11.85. Equity return holds the value -29.80%, with -12.70% for asset returns.
The receivables turnover for Digital Turbine, Inc. is 5.21 with the total asset turnover at the value of 1.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.97.