Digital Turbine Inc (NASDAQ: APPS): Get Ready For The Next Few Months

In the last trading session, 1.27 million shares of the Digital Turbine Inc (NASDAQ:APPS) were traded, and its beta was 2.54. Most recently the company’s share price was $1.86, and it changed around $0.01 or 0.54% from the last close, which brings the market valuation of the company to $189.76M. APPS currently trades at a discount to its 52-week high of $14.61, offering almost -685.48% off that amount. The share price’s 52-week low was $1.78, which indicates that the current value has risen by an impressive 4.3% since then. We note from Digital Turbine Inc’s average daily trading volume that its 3-month average coming to 2.80 million.

Digital Turbine Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.60. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended APPS as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Digital Turbine Inc is expected to report earnings per share of $Apellis Pharmaceuticals, Inc. for the current quarter.

Digital Turbine Inc (NASDAQ:APPS) trade information

Instantly APPS has showed a green trend with a performance of 0.54% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -72.89% year-to-date, but still down -0.53% over the last five days. On the other hand, Digital Turbine Inc (NASDAQ:APPS) is -33.09% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $40, which translates to bulls needing to increase their stock price by 95.35% from its current value. Analyst projections state that APPS is forecast to be at a low of $40 and a high of $40.

Digital Turbine Inc (APPS) estimates and forecasts

Digital Turbine Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -65.43 percent over the past six months and at a -56.52% annual growth rate that is well below the industry average of 20.50%.

Digital Turbine Inc earnings are expected to increase by -56.33% in 2024, but the outlook is positive 3.40% per year for the next five years.