Digital Turbine, Inc. (NASDAQ:APPS) went up by 2.11% from its latest closing price when compared to the 1-year high value of $9.13 and move down -109.4%, while APPS stocks collected +16.89% of gains with the last five trading sessions. Press Release reported on 03/03/20 that Digital Turbine Completes Acquisition of Mobile Posse
Digital Turbine, Inc. (NASDAQ:APPS) Worth an Investment?
Digital Turbine, Inc. (NASDAQ: APPS) The 36 Months beta value for APPS stocks is at 1.65, 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 $10.33 which is $6.47 above current price. APPS currently has a short float of 8.83% and public float of 77.04M with average trading volume of 2.57M shares.
APPS Market Performance
APPS stocks went up by 16.89% for the week, with the monthly drop of -26.72% and a quarterly performance of -43.74%, while its annual performance rate touched 35.40%. The simple moving average for the period of the last 20 days is -18.33% for APPS stocks with the simple moving average of -33.18% 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 National Securities repeating the rating for APPS shares by setting it to “Buy”. The predicted price for APPS socks in the upcoming period according to National Securities is $11 based on the research report published on December 17, 2019.
Canaccord Genuity, on the other hand, stated in their research note that they expect to see APPS stock at the price of $11. The rating they have provided for APPS stocks is “Buy” according to the report published on June 27, 2019.
ROTH Capital gave “ Buy” rating to APPS stocks, setting the target price at $11 in the report published on March 30, 2017.
APPS Stocks -29.80% 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 -52.22% of loss for the given period.
The stock volatility was left at 13.26%, however, within the period of a single month, the volatility rate increased by 14.53%, while the shares sank at the distance of -29.11% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -41.71% lower at the present time.
In the course of the last 5 trading sessions, APPS went up by +16.89%, which changed the moving average for the period of 200 days to the total of -1.13% of losses for the stock in comparison to the 20-day moving average settled at $5.25. In addition, Digital Turbine, Inc. saw -38.85% in overturn over the period of a single year with a tendency to cut further losses.
APPS Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Digital Turbine, Inc. (APPS), starting from Karish Jeff, who bought 5,000 shares at the price of $4.22 back on Mar 17. After this action, Rushing now owns 333,549 shares of Digital Turbine, Inc., valued at $21,100 with the latest closing price.
GYANI MOHAN S, the Director of Digital Turbine, Inc., bought 6,000 shares at the value of $4.13 during a trade that took place back on Mar 17, which means that GYANI MOHAN S is holding 322,587 shares at the value of $24,780 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 -15.10%, with -7.00% for asset returns.