On 10/28/24, Digital Turbine Inc (NASDAQ: APPS) stock enjoyed a major increase of 13.6%, closing at $3.50. However, below average trading volume at 80% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 5.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, APPS is expected to be Value Creation neutral.
Digital Turbine has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Digital Turbine has a very high Appreciation Score of 90 but a neutral Power Rating of 50, leading to the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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