Digi International Stock Price on May 5, 2024
| DGII Stock | USD 26.94 0.04 0.15% |
Below is the normalized historical share price chart for Digi International extending back to October 06, 1989. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Digi International stands at 26.94, as last reported on the 19th of May, with the highest price reaching 27.03 and the lowest price hitting 26.65 during the day.
If you're considering investing in Digi Stock, it is important to understand the factors that can impact its price. Digi International secures Sharpe Ratio (or Efficiency) of -0.0549, which denotes the company had a -0.0549% return per unit of risk over the last 3 months. Digi International exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Digi International's Standard Deviation of 2.76, mean deviation of 1.58, and Variance of 7.62 to check the risk estimate we provide.
As of now, Digi International's Stock Based Compensation is increasing as compared to previous years. . As of now, Digi International's Price To Book Ratio is decreasing as compared to previous years. The Digi International's current Price Fair Value is estimated to increase to 2.88, while Price To Sales Ratio is projected to decrease to 2.24. Digi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 27.8067 | 50 Day MA 29.6168 | Beta 1.216 |
Digi |
Sharpe Ratio = -0.0549
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Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Digi International is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Digi International by adding Digi International to a well-diversified portfolio.
Price Book 2.0667 | Enterprise Value Ebitda 17.4938 | Price Sales 2.5376 | Shares Float 35.5 M | Wall Street Target Price 38.17 |
Digi International Main Headline on 3rd of May 2024
Digi International Inc Q2 2024 Earnings Call Transcript High... by gurufocus.com
Annualized Recurring Revenue Achieved record levels.Gross Margin Reached record levels.Cash Generation Described as strong.Inventory Lowered.Debt Bal
Digi International Valuation on May 5, 2024
It is possible to determine the worth of Digi International on a given historical date. On May 5, 2024 Digi was worth 25.92 at the beginning of the trading date compared to the closed value of 25.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Digi International stock. Still, in general, we apply an absolute valuation method to find Digi International's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Digi International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Digi International's related companies.
| Open | High | Low | Close | Volume | |
| 30.67 | 30.73 | 24.44 | 25.50 | 545,221 | |
05/03/2024 | 25.92 | 27.08 | 25.10 | 25.73 | 522,140 |
| 25.75 | 27.04 | 25.75 | 27.01 | 218,791 |
| Backtest Digi International | | | Digi International History | | | Digi International Valuation | Previous | Next |
Digi International Trading Date Momentum on May 5, 2024
| On May 06 2024 Digi International was traded for 27.01 at the closing time. The top price for the day was 27.04 and the lowest listed price was 25.75 . The trading volume for the day was 218.8 K. The trading history from May 6, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 4.97% . The overall trading delta against the current closing price is 7.54% . |
Digi International Fundamentals Correlations and Trends
By evaluating Digi International's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Digi International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Digi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Digi International Stock history
Digi International investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Digi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Digi International will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Digi International stock prices may prove useful in developing a viable investing in Digi International
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 42.4 M | 24.2 M | |
| Net Income Applicable To Common Shares | 22.3 M | 23.4 M |
Digi International Quarterly Net Working Capital |
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Digi International Stock Technical Analysis
Digi International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Digi International Period Price Range
Low | May 3, 2024
| High |
25.92 | 25.73 |
Digi International May 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Digi International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Digi International shares will generate the highest return on investment. By undertsting and applying Digi International stock market strength indicators, traders can identify Digi International entry and exit signals to maximize returns
Digi International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Digi International's price direction in advance. Along with the technical and fundamental analysis of Digi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Digi to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.08) |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digi International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Digi Stock analysis
When running Digi International's price analysis, check to measure Digi International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Digi International is operating at the current time. Most of Digi International's value examination focuses on studying past and present price action to predict the probability of Digi International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digi International's price. Additionally, you may evaluate how the addition of Digi International to your portfolios can decrease your overall portfolio volatility.
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Is Digi International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Digi International. If investors know Digi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Digi International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Earnings Share 0.38 | Revenue Per Share 12.146 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0346 |
The market value of Digi International is measured differently than its book value, which is the value of Digi that is recorded on the company's balance sheet. Investors also form their own opinion of Digi International's value that differs from its market value or its book value, called intrinsic value, which is Digi International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Digi International's market value can be influenced by many factors that don't directly affect Digi International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Digi International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digi International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digi International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.