Digital Turbine (NASDAQ:APPS) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a report issued on Tuesday.
APPS has been the subject of several other research reports. Zacks Investment Research upgraded shares of Digital Turbine from a “hold” rating to a “buy” rating and set a $2.25 target price for the company in a report on Tuesday, January 9th. Roth Capital restated a “buy” rating on shares of Digital Turbine in a report on Monday, December 4th. Finally, B. Riley restated a “buy” rating and issued a $2.00 target price (up previously from $1.40) on shares of Digital Turbine in a report on Wednesday, November 8th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $1.91.
Shares of Digital Turbine (NASDAQ APPS) traded up $0.12 during trading on Tuesday, hitting $2.32. 2,268,256 shares of the stock traded hands, compared to its average volume of 840,706. Digital Turbine has a fifty-two week low of $0.69 and a fifty-two week high of $2.39. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.84 and a current ratio of 0.84. The firm has a market cap of $157.05, a PE ratio of -7.48 and a beta of 1.52.
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About Digital Turbine
Digital Turbine, Inc is engaged in delivering end-to-end products and solutions for mobile operators, application advertisers, device original equipment manufacturers (OEMs) and other third parties to enable them to monetize mobile content. The Company operates its business in two operating segments: Advertising and Content.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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