Dave Inc (DAVE) 20 Days SMA touches 27.73%: The odds favor the bear

A new trading day began on Monday, with Dave Inc (NASDAQ: DAVE) stock price down -5.75% from the previous day of trading, before settling in for the closing price of $98.68. DAVE’s price has ranged from $5.90 to $103.72 over the past 52 weeks.

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During the last 5-year period, the sales growth of Technology Sector giant was 30.18%. Meanwhile, its annual earnings per share averaged 255.18%. With a float of $8.87 million, this company’s outstanding shares have now reached $11.19 million.

Let’s determine the extent of company efficiency that accounts for 285 employees. In terms of profitability, gross margin is 67.39%, operating margin of -35.88%, and the pretax margin is 13.51%.

Dave Inc (DAVE) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Dave Inc is 30.50%, while institutional ownership is 43.56%. The most recent insider transaction that took place on Nov 29 ’24, was worth 1,190,400. In this transaction Director of this company sold 12,400 shares at a rate of $96.00, taking the stock ownership to the 6,360 shares. Before that another transaction happened on Nov 27 ’24, when Company’s Director sold 4,235 for $96.00, making the entire transaction worth $406,560. This insider now owns 18,760 shares in total.

Dave Inc (DAVE) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.14 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 255.18% per share during the next fiscal year.

Dave Inc (NASDAQ: DAVE) Trading Performance Indicators

Here are Dave Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 6.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.03. Likewise, its price to free cash flow for the trailing twelve months is 13.02.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.12, a number that is poised to hit 1.09 in the next quarter and is forecasted to reach 5.03 in one year’s time.

Technical Analysis of Dave Inc (DAVE)

Looking closely at Dave Inc (NASDAQ: DAVE), its last 5-days average volume was 0.62 million, which is a jump from its year-to-date volume of 0.26 million. As of the previous 9 days, the stock’s Stochastic %D was 72.28%. Additionally, its Average True Range was 7.16.

During the past 100 days, Dave Inc’s (DAVE) raw stochastic average was set at 85.72%, which indicates a significant increase from 75.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 166.81% in the past 14 days, which was higher than the 98.28% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $54.07, while its 200-day Moving Average is $41.24. However, in the short run, Dave Inc’s stock first resistance to watch stands at $100.42. Second resistance stands at $107.82. The third major resistance level sits at $113.02. If the price goes on to break the first support level at $87.82, it is likely to go to the next support level at $82.62. Should the price break the second support level, the third support level stands at $75.22.

Dave Inc (NASDAQ: DAVE) Key Stats

With a market capitalization of 1.29 billion, the company has a total of 12,757K Shares Outstanding. Currently, annual sales are 259,090 K while annual income is -48,520 K. The company’s previous quarter sales were 92,490 K while its latest quarter income was 470 K.