How to Buy Digital Turbine Stock
Digital Turbine Inc
Digital Turbine, Inc. , through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs).
Digital Turbine stock last closed at $1.86, up 3.91% from the previous day, and has decreased 85.08% in one year. It has underperformed other stocks in the Software - Application industry by 1.03 percentage points. Digital Turbine stock is currently +4.49% from its 52-week low of $1.78, and -87.27% from its 52-week high of $14.61.
At the moment, there are 102.02M APPS shares outstanding. The market value of APPS is $189.76M. In the past 24 hours, 1.89M APPS shares were traded.
How to Buy Digital Turbine Stock
Wondering how to invest in Digital Turbine stock? Here's how.
- Decide where to buy Digital Turbine stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Digital Turbine stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your method of payment and add your details.
- Analyze Digital Turbine stock: The Digital Turbine ticker symbol is APPS. Is Digital Turbine stock a good investment? Should you buy shares of APPS? How do APPS's underlying business fundamentals look? Do top analysts think Digital Turbine is a good buy? Why has APPS's stock price moved recently? (Hint: Our stock market research website can help you decide if APPS is a good stock to buy).
- Execute your APPS buy order: Decide if you will purchase APPS shares at the current market price or use a limit order to buy APPS stock at a specific price.
- Get updates on your APPS investment: Create a watchlist to key updates about your investment in Digital Turbine stock.
Step 1: Decide where to buy Digital Turbine stock
You need a brokerage account to access the NASDAQ market and buy APPS stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal details so you are able to buy APPS today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start your new brokerage account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on one of the most highly reviewed stock trading apps, you need to deposit funds:
Check out the walkthrough below if you need help depositing funds into your brokerage account.
Step 4: Analyze Digital Turbine stock
After you have identified the best place to buy Digital Turbine stock, it's crucial to research their stock before you invest, so you can wrap your head around the risk and opportunity.
Digital Turbine Numbers
Digital Turbine Due Diligence Checks
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on APPS's stock page.
Is APPS stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge APPS's fair value.
Using relative valuations methods:
- APPS may be undervalued based on its P/B ratio of 0.43x, relative to Software - Application industry P/B ratio of 6.42x
You can access more valuation analysis on APPS's stock here.
APPS Financial Health Overview
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the APPS balance sheet.
- Total APPS debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the APPS balance sheet.
- APPS profit margin has gone down from 7.1% to -34.5% in the past year.
- APPS's operating cash flow of $56.30M allows it to safely service it's debt of $374.03M.
- APPS has a relatively high debt to equity ratio of 1.48.
- APPS earnings of -$175.74M is not enough to cover its interest payments.
Do analysts think it's a good time to buy Digital Turbine stock
Out of 1 Wall Street analysts who research APPS, the consensus analyst rating on APPS is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Digital Turbine stock forecast page.
APPS Momentum
How is APPS performing as a company?
Last year, APPS revenue was $572.38M. In the last five year, APPS's revenue has increased by 42.52% per year. This was faster than the Software - Application industry average of 27.52%.
Find out more about APPS's earnings and revenue performance here.
Who is buying/selling APPS?
Over the last 12 months, insiders at APPS have sold more shares than they have bought.
J. Barrett Garrison, Executive Vice President CFO of APPS, was the latest APPS insider to sell. They sold $222.64 worth of APPS shares on Apr 1, 2024.
Learn more about who owns APPS shares here.
Can I rely on APPS as an income stream?
No, Digital Turbine doesn't provide an income stream by paying out dividends.
APPS Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your APPS buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, use a limit order.
Click the Open button and your broker will execute the order.
If you need more help investing in stocks on eToro, watch the how to video below:
Step 6: Get updates on your APPS investment
Now that you own some APPS stock, you'll want to stay up-to-date on your investment.
Create a watchlist to track your APPS stock.
APPS Feed
How to Buy Stock in Digital Turbine
To reiterate, here are the 6 steps for buying Digital Turbine stock:
- Decide where to buy Digital Turbine stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Analyze Digital Turbine stock
- Execute your APPS buy order
- Get updates on your APPS investment
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your investment in Digital Turbine, create your watchlist below.
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