Digital Turbine Stock Today
| APPS Stock | USD 1.52 0.05 3.40% |
Performance0 of 100
| Odds Of DistressLess than 45
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Digital Turbine is selling for under 1.52 as of the 25th of November 2024; that is 3.40 percent increase since the beginning of the trading day. The stock's lowest day price was 1.48. Digital Turbine has 45 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors 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 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 30th of June 2006 | Category Technology | Classification Information Technology |
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 103.73 M outstanding shares of which 4.92 M shares are presently shorted by private and institutional investors with about 2.26 trading days to cover. More on Digital Turbine
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Digital Stock Highlights
| President | Brian Bartholomew | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | appScatter Group plc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Application, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsDigital Turbine can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Digital Turbine's financial leverage. It provides some insight into what part of Digital Turbine's total assets is financed by creditors.
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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 754 people. Digital Turbine is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 157.66 M. Digital Turbine conducts business under Software sector and is part of Information Technology industry. The entity has 103.73 M outstanding shares of which 4.92 M shares are presently shorted by private and institutional investors with about 2.26 trading days to cover.
Digital Turbine currently holds about 82.65 M in cash with 28.68 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.83.
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Ownership AllocationDigital Turbine holds a total of 103.73 Million outstanding shares. Over half of Digital Turbine's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. 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.
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Digital Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Two Sigma Advisers, Llc | 2024-06-30 | 1.5 M | |
| Jane Street Group Llc | 2024-06-30 | 1.4 M | |
| Walleye Trading Advisors, Llc | 2024-06-30 | 1 M | |
| Millennium Management Llc | 2024-06-30 | 989.2 K | |
| Northern Trust Corp | 2024-09-30 | 840.1 K | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 776.1 K | |
| Herald Investment Management Ltd | 2024-09-30 | 600 K | |
| Goldman Sachs Group Inc | 2024-06-30 | 597.6 K | |
| Bank Of America Corp | 2024-06-30 | 583.9 K | |
| Vanguard Group Inc | 2024-09-30 | 8.2 M | |
| Blackrock Inc | 2024-06-30 | 6.7 M |
Digital Turbine Historical Income Statement
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Digital Turbine Corporate Management
| Matthew Gillis | Pres Officer | Profile | |
| Joshua Kinsell | Chief Officer | Profile | |
| David Wesch | Chief Accounting Officer, Controller | Profile | |
| Michael Miller | Chief Officer | Profile | |
| Senthilkumaran Kanagaratnam | Chief Officer | Profile | |
| Senthil Kumaran | Chief Officer | Profile |
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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.
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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.