The stock price of Digital Turbine Inc (NASDAQ: APPS) has plunged by -3.05 when compared to previous closing price of 2.62, but the company has seen a 7.17% gain in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-23 that AUSTIN, Texas, Jan. 23, 2025 /PRNewswire/ — Digital Turbine, Inc. (Nasdaq: APPS), a global mobile platform company, announced it will host a conference call and webcast to discuss its fiscal 2025 third quarter financial results and operating progress on Wednesday, February 5 th, at 4:30pm ET/1:30pm PT. The call, hosted by Digital Turbine’s Chief Executive Officer Bill Stone and Chief Financial Officer Barrett Garrison, can be accessed via webcast link: https://app.webinar.net/r46V3JYXmyx.
Is It Worth Investing in Digital Turbine Inc (NASDAQ: APPS) Right Now?
The stock has a 36-month beta value of 2.38. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for APPS is 90.16M, and at present, short sellers hold a 6.06% of that float. On February 04, 2025, the average trading volume of APPS was 4.04M shares.
APPS’s Market Performance
APPS’s stock has seen a 7.17% increase for the week, with a 50.30% rise in the past month and a -28.05% fall in the past quarter. The volatility ratio for the week is 8.62%, and the volatility levels for the past 30 days are at 9.20% for Digital Turbine Inc The simple moving average for the past 20 days is 18.11% for APPS’s stock, with a 11.31% simple moving average for the past 200 days.
Analysts’ Opinion of APPS
Many brokerage firms have already submitted their reports for APPS stocks, with BofA Securities repeating the rating for APPS by listing it as a “Underperform.” The predicted price for APPS in the upcoming period, according to BofA Securities is $1 based on the research report published on November 15, 2024 of the previous year 2024.
Craig Hallum, on the other hand, stated in their research note that they expect to see APPS reach a price target of $5, previously predicting the price at $10. The rating they have provided for APPS stocks is “Buy” according to the report published on May 29th, 2024.
Craig Hallum gave a rating of “Buy” to APPS, setting the target price at $10 in the report published on February 08th of the previous year.
APPS Trading at 41.63% from the 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, the company was unable to rebound, for now settling with -54.11% of loss for the given period.
Volatility was left at 9.20%, however, over the last 30 days, the volatility rate increased by 8.62%, as shares surge +44.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +103.20% upper at present.
During the last 5 trading sessions, APPS rose by +7.17%, which changed the moving average for the period of 200-days by +41.90% in comparison to the 20-day moving average, which settled at $2.15. In addition, Digital Turbine Inc saw 50.30% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at APPS starting from STERLING MICHELLE M, who purchase 7,000 shares at the price of $1.43 back on Nov 27 ’24. After this action, STERLING MICHELLE M now owns 24,640 shares of Digital Turbine Inc, valued at $10,010 using the latest closing price.
Chestnutt Roy H, the Director of Digital Turbine Inc, purchase 7,000 shares at $1.42 during a trade that took place back on Nov 26 ’24, which means that Chestnutt Roy H is holding 216,364 shares at $9,940 based on the most recent closing price.
Stock Fundamentals for APPS
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.37 for the gross margin
The net margin for Digital Turbine Inc stands at -0.61. The total capital return value is set at -0.09. Equity return is now at value -95.43, with -31.07 for asset returns.
Based on Digital Turbine Inc (APPS), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at -0.02. The debt to equity ratio resting at 2.28. The interest coverage ratio of the stock is -3.57.
Currently, EBITDA for the company is 54.57 million with net debt to EBITDA at 13.38. When we switch over and look at the enterprise to sales, we see a ratio of 1.31. The receivables turnover for the company is 2.57for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.
Conclusion
To sum up, Digital Turbine Inc (APPS) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
