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How to buy Digital Turbine stock in Canada | $66.17
Own Digital Turbine shares in just a few minutes.
Digital Turbine is a software-application business based in the US. Digital Turbine stocks (APPS.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $69.95 – an increase of 7.14% over the previous week. Digital Turbine employs 280 staff and has a trailing 12-month revenue of around $313.6 million.
How to buy Digital Turbine stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: APPS in this case.
- Research Digital Turbine stocks. The platform should provide the latest information available.
- Buy your Digital Turbine stocks. It's that simple.
What's in this guide?
- Can I buy shares in Digital Turbine?
- Has coronavirus impacted Digital Turbine shares?
- Digital Turbine shares summary
- Compare share dealing platforms
- Is Digital Turbine stock a buy or sell?
- Digital Turbine performance over time
- Can I short Digital Turbine shares?
- Are Digital Turbine shares over-valued?
- Digital Turbine's financials
- How volatile are Digital Turbine shares?
- Does Digital Turbine pay a dividend?
- Have Digital Turbine shares ever split?
- Other common questions
How has Coronavirus impacted Digital Turbine's stock price?
Since the stock market crash in March caused by coronavirus, Digital Turbine's stock price has had significant positive movement.
Its last market close was $66.17, which is 89.72% up on its pre-crash value of $6.8 and 1,801.44% up on the lowest point reached during the March crash when the stocks fell as low as $3.48.
If you had bought $1,000 worth of Digital Turbine stocks at the start of February 2020, those stocks would have been worth $604.63 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $10,180.25.
Digital Turbine stock priceUse our graph to track the performance of APPS stocks over time.
Digital Turbine stocks at a glance
|Latest market close||$66.17|
|52-week range||$12.095 - $102.56|
|50-day moving average||$69.2291|
|200-day moving average||$71.4324|
|Wall St. target price||$107.6|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.57|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Digital Turbine stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Digital Turbine price performance over time
|1 month (2021-06-25)||-14.62%|
|3 months (2021-04-26)||-13.74%|
Is Digital Turbine under- or over-valued?
Valuing Digital Turbine stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Digital Turbine's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Digital Turbine's P/E ratio
Digital Turbine's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 111x. In other words, Digital Turbine stocks trade at around 111x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the stocks or simply that they're over-valued.
Digital Turbine's PEG ratio
Digital Turbine's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.7091. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Digital Turbine's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.
Digital Turbine's EBITDA
Digital Turbine's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$64 million.
The EBITDA is a measure of a Digital Turbine's overall financial performance and is widely used to measure a its profitability.
Digital Turbine financials
|Revenue TTM||USD$313.6 million|
|Operating margin TTM||18.88%|
|Gross profit TTM||USD$132.6 million|
|Return on assets TTM||16.66%|
|Return on equity TTM||49.32%|
|Market capitalisation||USD$6 billion|
TTM: trailing 12 months
How to short and sell Digital Turbine stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "APPS.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 2.8 million Digital Turbine stocks held short by investors – that's known as Digital Turbine's "short interest". This figure is 16.5% down from 3.3 million last month.
There are a few different ways that this level of interest in shorting Digital Turbine stocks can be evaluated.
Digital Turbine's "short interest ratio" (SIR)
Digital Turbine's "short interest ratio" (SIR) is the quantity of Digital Turbine stocks currently shorted divided by the average quantity of Digital Turbine stocks traded daily (recently around 3.1 million). Digital Turbine's SIR currently stands at 0.91. In other words for every 100,000 Digital Turbine stocks traded daily on the market, roughly 910 stocks are currently held short.
However Digital Turbine's short interest can also be evaluated against the total number of Digital Turbine stocks, or, against the total number of tradable Digital Turbine stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Digital Turbine's short interest could be expressed as 0.03% of the outstanding stocks (for every 100,000 Digital Turbine stocks in existence, roughly 30 stocks are currently held short) or 0.0311% of the tradable stocks (for every 100,000 tradable Digital Turbine stocks, roughly 31 stocks are currently held short).
Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Digital Turbine.
Find out more about how you can short Digital Turbine stock.
Digital Turbine stock dividends
We're not expecting Digital Turbine to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
Have Digital Turbine stocks ever split?
Digital Turbine stocks were split on a 1:5 basis on 15 April 2013. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Digital Turbine stocks – just the quantity. However, indirectly, the new 400% higher stock price could have impacted the market appetite for Digital Turbine stocks which in turn could have impacted Digital Turbine's stock price.
Digital Turbine stock price volatility
Over the last 12 months, Digital Turbine's stocks have ranged in value from as little as $12.095 up to $102.56. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Digital Turbine's is 2.3645. This would suggest that Digital Turbine's stocks are significantly more volatile than the average for this exchange and represent a higher risk.
Digital Turbine overview
Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication products and solutions for mobile operators, application advertisers, publishers, device original equipment manufacturers (OEMs), and other third parties. Its application media software platform that enables mobile operators and OEMs to control, manage, and monetize devices. The company also provides programmatic advertising and targeted media delivery services; and other products and professional services directly related to the core platform. It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, China, Mexico, Central America, and South America. The company is headquartered in Austin, Texas.
Stocks similar to Digital Turbine
Digital Turbine in the news
Digital Turbine, Inc. (NasdaqCM:APPS) Retains Strong Financials Despite the Pullback
Digital Turbine Serves Up Big Growth Prospects
September 3rd Options Now Available For Digital Turbine (APPS)
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