Digital Turbine Inc (NASDAQ:APPS) currently has a daily average trading volume of 3.56M but it saw 2165540 shares traded in last market. With a market cap of 465.18M USD, the company’s current market price of $4.43 came rising about 6.75 while comparing to the previous closing price of $4.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.86 and as low as $1.18.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which downgraded the stock as “Underperform” in its note to investors issued on November 15, 2024, recommending a price target of $1 for it. Craig Hallum issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $12 and $10.
Over the week, APPS’s stock price is moving -0.67% down while it is 42.44% when we observe its performance for the past one month. Year-to-date it is 162.13% up and over the past year, the stock is showing an upside performance of 86.92%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.04 while estimate for next year EPS is 0.29. In next quarter, company is expected to be making quarterly sales of $121.64M as analysts are expecting the sales for current fiscal year at $487.99M and seeing the company making $519.64M in sales next year. Moreover, analysts are in estimates of $116.64M for current-quarter revenue.
Currently, Digital Turbine Inc’s total number of outstanding shares is 104.83M with 5.79% of that held by the insiders while 62.11% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -53.55% and return on equity (ROE) at -101.69%. It has a 11.36 of forward P/E ratio. Stock’s beta reads 2.50. Stock has a price to book (P/B) ratio of 2.84 while price to sale or P/S ratio amounts to 0.96. Its return on asset (ROA) is -31.83% on average.
