Digital Turbine Stock Today

APPS Stock  USD 2.62  0.01  0.38%   

Performance

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Odds Of Distress

Less than 43

 
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Digital Turbine is selling for under 2.62 as of the 28th of March 2024; that is 0.38 percent up since the beginning of the trading day. The stock's lowest day price was 2.6. Digital Turbine has about a 43 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Digital Turbine are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of December 2023 and ending today, the 28th of March 2024. Click here to learn more.
Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers . It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, China, Mexico, Central America, and South America. The company has 102.02 M outstanding shares of which 8.34 M shares are presently shorted by private and institutional investors with about 3.24 trading days to cover. More on Digital Turbine

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Digital Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Digital Turbine's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Digital Turbine or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, DirectorWilliam Stone
Old NameappScatter Group plc
Business ConcentrationTrading, Software - Application, Technology, Information Technology, Software, Software—Application, Technology (View all Sectors)
Digital Turbine (APPS) is traded on NASDAQ Exchange in USA. It is located in 110 San Antonio Street, Austin, TX, United States, 78701 and employs 777 people. Digital Turbine is listed under Trading category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 264.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Digital Turbine's market, we take the total number of its shares issued and multiply it by Digital Turbine's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Digital Turbine conducts business under Software sector and is part of Information Technology industry. The entity has 102.02 M outstanding shares of which 8.34 M shares are presently shorted by private and institutional investors with about 3.24 trading days to cover. Digital Turbine currently holds about 82.65 M in cash with 15.86 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.83.
Check Digital Turbine Probability Of Bankruptcy
Ownership Allocation
Digital Turbine holds a total of 102.02 Million outstanding shares. The majority of Digital Turbine outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Digital Turbine to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Digital Turbine. Please pay attention to any change in the institutional holdings of Digital Turbine as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Digital Ownership Details

Digital Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Digital Turbine jumping above the current price in 90 days from now is about 88.21%. The Digital Turbine probability density function shows the probability of Digital Turbine stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 3.0926. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Digital Turbine will likely underperform. Additionally, digital Turbine has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 2.62HorizonTargetOdds Above 2.62
11.75%90 days
 2.62 
88.21%
Based on a normal probability distribution, the odds of Digital Turbine to move above the current price in 90 days from now is about 88.21 (This Digital Turbine probability density function shows the probability of Digital Stock to fall within a particular range of prices over 90 days) .

Digital Turbine Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Digital Turbine market risk premium is the additional return an investor will receive from holding Digital Turbine long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Digital Turbine. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Digital Turbine's alpha and beta are two of the key measurements used to evaluate Digital Turbine's performance over the market, the standard measures of volatility play an important role as well.

Digital Stock Against Markets

Picking the right benchmark for Digital Turbine stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Digital Turbine stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Digital Turbine is critical whether you are bullish or bearish towards Digital Turbine at a given time. Please also check how Digital Turbine's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Digital Turbine without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Digital Turbine Corporate Directors

Digital Turbine corporate directors refer to members of a Digital Turbine board of directors. The board of directors generally takes responsibility for the Digital Turbine's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Digital Turbine's board members must vote for the resolution. The Digital Turbine board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Craig FormanDirectorProfile
Michelle SterlingIndependent DirectorProfile
Roy ChestnuttIndependent DirectorProfile
Paul SchaefferIndependent DirectorProfile

How to buy Digital Stock?

Before investing in Digital Turbine, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Digital Turbine. To buy Digital Turbine stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Digital Turbine. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Digital Turbine stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Digital Turbine stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Digital Turbine stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Digital Turbine, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Digital Stock please use our How to Invest in Digital Turbine guide.

Already Invested in Digital Turbine?

The danger of trading Digital Turbine is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Digital Turbine is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Digital Turbine. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Digital Turbine is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Digital Turbine is a strong investment it is important to analyze Digital Turbine's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Digital Turbine's future performance. For an informed investment choice regarding Digital Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Digital Turbine. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Digital Stock please use our How to Invest in Digital Turbine guide.
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When running Digital Turbine's price analysis, check to measure Digital Turbine's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Digital Turbine is operating at the current time. Most of Digital Turbine's value examination focuses on studying past and present price action to predict the probability of Digital Turbine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Turbine's price. Additionally, you may evaluate how the addition of Digital Turbine to your portfolios can decrease your overall portfolio volatility.
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Is Digital Turbine's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Digital Turbine. If investors know Digital will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Digital Turbine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Digital Turbine is measured differently than its book value, which is the value of Digital that is recorded on the company's balance sheet. Investors also form their own opinion of Digital Turbine's value that differs from its market value or its book value, called intrinsic value, which is Digital Turbine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Digital Turbine's market value can be influenced by many factors that don't directly affect Digital Turbine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Digital Turbine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Turbine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Turbine's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.