APPS Stock Summary and Trading Ideas (Digital Turbine | NASDAQ:APPS)

Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Solutions and App Growth Platform.

Digital Turbine trades on the NASDAQ stock market under the symbol APPS.

As of January 28, 2025, APPS stock price climbed to $2.51 with 1,799,123 million shares trading.

APPS has a beta of -0.22, meaning it tends to be less sensitive to market movements. APPS has a correlation of 0.00 to the broad based SPY ETF.

APPS has a market cap of $260.35 million. This is considered a Small Cap stock.

Last quarter Digital Turbine reported $119 million in Revenue and $.05 earnings per share. This fell short of revenue expectation by $-7 million and missed earnings estimates by -$.01.

In the last 3 years, APPS traded as high as $55.68 and as low as $1.18.

The top ETF exchange traded funds that APPS belongs to (by Net Assets): IWM, VTI, VGT, VXF, IWN.

APPS has underperformed the market in the last year with a return of -56.1%, while the SPY ETF gained +25.3%. In the last 3 month period, APPS fell short of the market, returning -18.5%, while SPY returned +4.6%. However, in the most recent 2 weeks APPS has outperformed the stock market by returning +45.9%, while SPY returned +3.8%.

APPS support price is $2.21 and resistance is $2.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that APPS shares will trade within this expected range on the day.