Dave Inc (NASDAQ: DAVE) on Tuesday, soared 8.97% from the previous trading day, before settling in for the closing price of $88.73. Within the past 52 weeks, DAVE’s price has moved between $7.73 and $108.50.
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Annual sales at Technology sector company grew by 30.18% over the past five years. The company achieved an average annual earnings per share of 225.42%. With a float of $8.90 million, this company’s outstanding shares have now reached $11.19 million.
Let’s look at the performance matrix of the company that is accounted 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 Updates
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Dave Inc is 30.23%, while institutional ownership is 43.48%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 225.42% per share during the next fiscal year.
Dave Inc (NASDAQ: DAVE) Trading Performance Indicators
Dave Inc (DAVE) is currently performing well based on its current performance indicators. A quick ratio of 6.81 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.86. Likewise, its price to free cash flow for the trailing twelve months is 12.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.12, a number that is poised to hit 0.66 in the next quarter and is forecasted to reach 3.65 in one year’s time.
Technical Analysis of Dave Inc (DAVE)
Dave Inc (NASDAQ: DAVE) saw its 5-day average volume 0.48 million, a positive change from its year-to-date volume of 0.28 million. As of the previous 9 days, the stock’s Stochastic %D was 36.68%. Additionally, its Average True Range was 8.48.
During the past 100 days, Dave Inc’s (DAVE) raw stochastic average was set at 85.20%, which indicates a significant increase from 57.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.94% in the past 14 days, which was higher than the 101.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $69.71, while its 200-day Moving Average is $46.28. Nevertheless, the first resistance level for the watch stands at $99.33 in the near term. At $101.96, the stock is likely to face the second major resistance level. The third major resistance level sits at $107.13. If the price goes on to break the first support level at $91.53, it is likely to go to the next support level at $86.36. Assuming the price breaks the second support level, the third support level stands at $83.73.
Dave Inc (NASDAQ: DAVE) Key Stats
Market capitalization of the company is 1.23 billion based on 12,757K outstanding shares. Right now, sales total 259,090 K and income totals -48,520 K. The company made 92,490 K in profit during its latest quarter, and 470 K in sales during its previous quarter.
