Zacks Investment Research downgraded Digital Turbine Inc (NASDAQ:APPS) to Sell in a statement released earlier today.
- Updated: October 11, 2016
Zacks Investment Research has downgraded Digital Turbine Inc (NASDAQ:APPS) to Sell in a statement released on 10/11/2016.
Boasting a price of $0.95, Digital Turbine Inc (NASDAQ:APPS) traded -8.06% lower on the day. With the last stock price close down -14.11% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Digital Turbine Inc has recorded a 50-day average of $1.19 and a two hundred day average of $1.07. Volume of trade was up over the average, with 658,750 shares of APPS changing hands over the typical 313,560
With a total market value of $0, Digital Turbine Inc has with a one year low of $0.73 and a one year high of $1.80 .
Brief Synopsis About Digital Turbine Inc (NASDAQ:APPS)
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. The Advertising segment consists of two businesses: Operator and OEM (O&O) and Advertiser and Publisher (A&P). The O&O business is an advertiser solution for carrier and OEM inventory consisting of services, such as Ignite, a mobile device management platform and Discover, an intelligent application discovery platform. Its A&P business is a mobile user acquisition network across the world consisting of services, such as syndicated network and real time bidding (RTB). The Content segment consists of services, including Marketplace, which is an application and content store, and Pay, which is a content management and mobile payment solution.
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