2 stocks are not downer for sure: Digital Turbine Inc. (APPS) and O-I Glass Inc. (OI)

On Nov 13, STONE WILLIAM GORDON III, Chief Executive Officer sold 10,000 shares of Digital Turbine Inc. (NASDAQ: APPS), with the average selling price of the stock being $8.10 per share. The total amount realized from this sold $81,000. A document was filed with the Securities and Exchange Commission to notify the public about the sold of the shares.

In addition to that, Director – STERLING MICHELLE M bought an extra 13,640 shares of this stock in a transaction that took place a day before, on Nov 12, with a share bought at an average of $7.45 and a total of $101,618 was realized from this transaction. After the transaction, the Director – STERLING MICHELLE M was left with 13,640 shares of the company’s stock, which is currently worth around $101618.0.

The recent price movement of APPS means that it is now down by -19.01% from its 52-week high and 280.93% up against its 52-week low prices. Over the past one week, the price volatility of APPS stands at 3.83% while the volatility over the past one month is 4.44%. The beta score for this stock is 1.51. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 11/04/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.04 earnings per share (EPS) during that period. This report was above the expectations of analysts of 0.02 by 0.02. The revenue by the firm was 37.7M for the quarter.

The shares of Digital Turbine Inc. (APPS) dropped by -1.60%, leading to a loss of -$0.12 per share, and saw APPS end the trading session at $7.39 on Wednesday 01/15/20. APPS started the trading session at $7.51, before reaching a daily high of $7.60. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $7.20.

The trading volume on Wednesday stood at 2677874, which was below the stock’s 3-month average volume of 2.20 million shares, out of a total 76.04M shares. As the price of the stock dipped, the market valuation of the company dropped to 641.16 million.

The shares of O-I Glass Inc. (NYSE: OI) went down by -0.07% by the end of the recent trading session. This movement saw its price plunge to close at $14.02, which was lower than the previous closing price of $14.03. Over the past one week, the price of OI has jumped by 2.71%, while it has recorded a gain of 26.31% over the past one month. Its three-month performance saw OI gain 47.73% while its six-month performance saw it drop by -17.04%. The situation is different though over the past one year, as the stock price went down by -25.31%, while its year-to-date (YTD) price performance jumped by 17.52%. The stock price has gone up by +69.73% compared to its 90-day low, while it is down -2.23% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Buy. In the short-term, the stock has a 20-day average volume of 2,259,025 shares, with the short-term indicators averagely rating the stock as a 50% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 2,075,390 shares and the indicators have an average rating of Hold. The last indicators, the long-term see OI stock with a 100-Day average volume of 2,196,490 shares, giving it an average rating of 50% Buy. A look at the general picture of all short, medium and long-term indicators leaves OI with an average rating of 40% Buy.

Several brokerage firms sent out their reports OI stock not long ago. In its report sent out on January 07, 2020, Robert W. Baird lowered its ratings on OI from a Neutral to a Outperform. In an earlier report on December 10, 2019, Goldman Upgrade the stock from a Neutral to a Buy. Wells Fargo meanwhile in its report on October 31, 2019 Downgrade its rating of the stock from a “Market Perform” to “Market Perform”.

In related news to the company’s stock, around 88.10% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 311 institutions currently hold the OI stock. In the last quarter, a 142,338,269 OI shares were in the possession of institutions. On the other hand, the company recorded 38 new institutions who bought it their stock, while 54 institutions sold their entire OI reserve. Of the current institutions investing in the stock, 123 increased their investment while 157 decreased their investment in the stock.