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Is Digital Turbine Inc (APPS) a Stock to Watch After Gaining 1.63% This Week?

Wednesday, October 05, 2022 01:17 PM | InvestorsObserver Analysts
Is Digital Turbine Inc (APPS) a Stock to Watch After Gaining 1.63% This Week?

Overall market sentiment has been high on Digital Turbine Inc (APPS) stock lately. APPS receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Digital Turbine Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on APPS!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With APPS Stock Today?

Digital Turbine Inc (APPS) stock is trading at $15.59 as of 1:07 PM on Wednesday, Oct 5, a decline of -$0.36, or -2.29% from the previous closing price of $15.95. The stock has traded between $15.07 and $15.82 so far today. Volume today is light. So far 1,157,317 shares have traded compared to average volume of 2,036,629 shares. To see InvestorsObserver's Sentiment Score for Digital Turbine Inc click here.

More About Digital Turbine Inc

Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Media (ODM); In App Media-AdColony; and In App Media-Fyber. The company derives key revenue from the ODM segment by providing solutions to all participants in the mobile application ecosystem who want to connect with end users and consumers who hold the device, including mobile carriers and device original equipment manufacturers (OEMs) that participate in the app economy, app publishers and developers, and brands and advertising agencies. It has a global business presence. Click Here to get the full Stock Report for Digital Turbine Inc stock.

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