Digital Turbine Inc (APPS) stock is higher by 22.66% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With APPS Stock Today?
Digital Turbine Inc (APPS) stock is trading at $30.75 as of 9:46 AM on Wednesday, Sep 16, a gain of $2.08, or 7.25% from the previous closing price of $28.67. The stock has traded between $28.90 and $31.34 so far today. Volume today is less active than usual. So far 165,739 shares have traded compared to average volume of 5,671,865 shares.
To see InvestorsObserver's Sentiment Score for Digital Turbine Inc click here.
More About Digital Turbine Inc
Digital Turbine Inc through its subsidiaries is engaged in media and mobile communications, delivering end-to-end products and solutions for mobile operators, application advertisers, device original equipment manufacturers and other third parties to enable them to effectively monetize mobile content. The company's operates in one business which is Advertising. The Advertising business is comprised of two businesses Operator and OEM, and Advertiser and Publisher.
Click Here to get the full Stock Score Report on Digital Turbine Inc (APPS) Stock.
