Dave Inc (DAVE) latest performance of 21.80% is not what was on cards

Witnessing the stock’s movement on the chart, on Wednesday, Dave Inc (NASDAQ: DAVE) set off with pace as it heaved 21.80% to $45.87, before settling in for the price of $37.66 at the close. Taking a more long-term approach, DAVE posted a 52-week range of $5.20-$63.50.

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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 30.18%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 183.75%. This publicly-traded company’s shares outstanding now amounts to $10.63 million, simultaneously with a float of $8.80 million. The organization now has a market capitalization sitting at $581.13 million. At the time of writing, stock’s 50-day Moving Average stood at $39.85, while the 200-day Moving Average is $36.24.

Dave Inc (DAVE) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Application industry. Dave Inc’s current insider ownership accounts for 30.57%, in contrast to 31.82% institutional ownership. According to the most recent insider trade that took place on Oct 09 ’24, this organization’s 10% Owner sold 1,000,000 shares at the rate of 40.60, making the entire transaction reach 40,600,000 in total value, affecting insider ownership by 1,028,232. Preceding that transaction, on Jun 10 ’24, Company’s Director sold 7,851 for 36.32, making the whole transaction’s value amount to 285,128. This particular insider is now the holder of 29,914 in total.

Dave Inc (DAVE) Earnings and Revenue Records

Dave Inc’s EPS increase for this current 12-month fiscal period is 183.75% and is forecasted to reach 2.75 in the upcoming year.

Dave Inc (NASDAQ: DAVE) Trading Performance Indicators

Let’s observe the current performance indicators for Dave Inc (DAVE). It’s Quick Ratio in the last reported quarter now stands at 8.67. The Stock has managed to achieve an average true range (ATR) of 2.80. Alongside those numbers, its PE Ratio stands at $14.66, and its Beta score is 2.83. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.82. Similarly, its price to free cash flow for trailing twelve months is now 7.53.

In the same vein, DAVE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.13, a figure that is expected to reach 0.47 in the next quarter, and analysts are predicting that it will be 2.75 at the market close of one year from today.

Technical Analysis of Dave Inc (DAVE)

Going through the that latest performance of [Dave Inc, DAVE]. Its last 5-days volume of 0.57 million indicated improvement to the volume of 0.23 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 35.69% While, its Average True Range was 2.90.

Raw Stochastic average of Dave Inc (DAVE) in the period of the previous 100 days is set at 81.98%, which indicates a major fall in contrast to 97.68% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 91.38% that was higher than 76.24% volatility it exhibited in the past 100-days period.