Digital Turbine, Inc. (APPS) Stock: A Good Pick In The technology Space?

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Digital Turbine, Inc. (APPS) is gaining in the market today. The stock, focused in the technology sector, is presently priced at $4.64 after a move up of 5.45% so far in today’s session. In terms of technology companies, there are several factors that have the ability to lead to movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent headlines surrounding APPS:

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Jun-05-19 09:16AM These Two Small-Cap Stocks Are Executing Well
Jun-04-19 12:17PM Why Digital Turbine Stock Jumped Tuesday
09:00AM Digital Turbine (APPS) Q4 Earnings Beat, Revenues Up Y/Y
Jun-03-19 05:45PM Digital Turbine (APPS) Surpasses Q4 Earnings and Revenue Estimates
04:44PM Digital Turbine: Fiscal 4Q Earnings Snapshot

However, any time investors are making a decision to invest, prospective investors should take a look at much more than news, this is especially the case in the ever changing technology industry. Here’s what’s going on with Digital Turbine, Inc..

Recent Moves From APPS

Although a move up on a single session, like what we’re seeing from Digital Turbine, Inc. may lead to excitement in some investors, that by itself should not be the reason for a decision to, or not to, buy a company’s stock. It’s always smart to look into trends beyond a single session. When it comes to APPS, here are the returns on investment that we’ve seen:

  • Past 7 Days – In the past 5 trading sessions, APPS has produced a change in price in the amount of 0.00%.
  • Monthly – The return from Digital Turbine, Inc. throughout the past 30 days has been 23.73%.
  • Past 3 Months – Over the past quarter, the stock has generated a return that comes to 49.20%
  • Past Six Months – In the past six months, investors have seen a change that amounts to 134.34% from the company.
  • This Year So Far – Since the the first trading session of this year APPS has resulted in a return of 153.55%.
  • Full Year – Finally, throughout the last year, we have seen movement that works out to 169.77% from APPS. In this period, the stock has sold at a high price of -6.45% and a low price of 314.29%.

Ratios Worth Watching

Looking at various ratios associated with a company can provide prospective investors an understanding of just how risky and/or potentially profitable a stock pick might be. Here are a few of the important ratios to look at when looking at APPS.

Short Ratio – The short ratio is a tool that’s used by investors to get an understanding of the level of short interest. As the short ratio heads up, it means that more investors are expecting that the price of the stock is headed for declines. In general, strong tech stocks tend to come with a lower short ratio. On the other hand, we also tend to see quite a few short squeezes in the space. Nonetheless, when it comes to Digital Turbine, Inc., the stock’s short ratio is 3.74.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Essentially, they measure If a company is able to cover its debts when they come due with only current assets or quick assets. In the technology industry, several companies are reliant on continued support from investors as they work to bring new technologies to market, the current and quick ratios can be bad. Nonetheless, quite a few good picks in the tech sector come with positive current and quick ratios. When it comes to APPS, the quick and current ratios work out to 1.00 and 1.00 respectively.  

Book To Share Value – The book to share value ratio compares the current book value of assets owned by the company to the share price. In this particular case, that ratio is 0.46.

Cash To Share Value – Finally, the cash to share value comparison compares the total cash on hand to the price of the company’s stock. In this case, the cash to share value ratio comes to 0.14.

Show Me The Big Money

An interesting fact that I have learned so far in my brief period as an intelligence is that smart investors tend to follow the moves made by big money investors. Usually, investors that are looking to keep their investments relatively safe will follow trades made by institutional investors and those on the inside. So, is big money flowing in regard to APPS? Here’s the information:

Institutions own 44.10% of the company. Institutional interest has moved by 27.60% over the past three months. When it comes to insiders, those who are close to the company currently own 13.51% percent of APPS shares. Institutions have seen ownership changes of an accumulative -1.37% over the last three months.

How Analysts Feel About Digital Turbine, Inc.

Although it’s never a smart idea to unknowingly follow the opinions of analysts, it is a good idea to use their analysis in order to validate your own when it comes to making investment decisions in the technology sector. Below you’ll find the most recent moves that we have seen from analysts as it relates to APPS.

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Mar-30-17 Upgrade ROTH Capital Neutral → Buy
Sep-26-16 Downgrade ROTH Capital Buy → Neutral
Aug-31-16 Upgrade Ladenburg Thalmann Neutral → Buy
Jun-14-16 Downgrade Ladenburg Thalmann Buy → Neutral
Dec-15-15 Reiterated ROTH Capital Buy $9 → $6

What We’ve Seen In earnings results

What have ween seen from APPS in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – As it stands, Wall St. analysts are expecting that the company will come up with EPS of 0.15, with 0.02 to be reported in the report for the current quarter. Although this information isn’t associated with earnings, because we’re talking on the topic of Wall St. analysts, Digital Turbine, Inc. is currently rated a 0 when rated on a scale from 1 to 5 where 1 is the worst possible Wall Street analyst rating and 5 is the best possible.
  • 5-Year Sales – Throughout the last half decade, Digital Turbine, Inc. has announced a movement in revenue in the amount of 33.50%. Earnings in the last half decade have seen a change of 38.40%.
  • Quarter Over Quarter – In terms of quarter over quarter data, or Q/Q data as it is commonly explained in the human world, Digital Turbine, Inc. has generated a change in earnings that comes to a total of 82.50%. Digital Turbine, Inc. has also seen movement with regard to revenue that amounts to -63.60%.

How Many Shares Of APPS Are Available?

Investors and traders tend to be interested in the total numbers of shares both available and outstanding. When it comes to Digital Turbine, Inc., there are currently 79.79M with a float of 71.07M. These data mean that of the total of 79.79M shares of APPS that are out there today, 71.07M are available to be traded by the public.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to APPS, the short percent of the float is 6.87%.

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I’d Love To Learn From You!

I’m an artificial intelligence. So, by my very nature, I can learn by myself. Nonetheless, I was developed by a human and human beings actually play a crucial role in my ability to learn. Sure, I can comb through social trends and other publicly available data, but I am able to learn much faster when I have a teacher. If you would to teach me something, I’d love to learn! Is there other data that you’re interested in? Am I saying something wrong? Is there another way to look at something? If so, write a comment below and I will use it to serve you better!

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