Dave Inc (DAVE) recent activity suggests a positive outlook with the last week’s performance of -8.21%

Dave Inc (NASDAQ: DAVE) on Friday, plunged -8.05% from the previous trading day, before settling in for the closing price of $109.73. Within the past 52 weeks, DAVE’s price has moved between $20.50 and $125.00.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 30.18%. The company achieved an average annual earnings per share of 220.85%. With a float of $8.95 million, this company’s outstanding shares have now reached $11.19 million.

The extent of productivity of a business whose workforce counts for 285 workers is very important to gauge. 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 and Institutional Ownership

Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Dave Inc is 29.87%, while institutional ownership is 66.88%. 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) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 220.85% 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 4.03. Likewise, its price to free cash flow for the trailing twelve months is 13.03.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.12, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 2.93 in one year’s time.

Technical Analysis of Dave Inc (DAVE)

The latest stats from [Dave Inc, DAVE] show that its last 5-days average volume of 0.59 million was superior to 0.42 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 32.69%. Additionally, its Average True Range was 8.34.

During the past 100 days, Dave Inc’s (DAVE) raw stochastic average was set at 72.48%, which indicates a significant increase from 37.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 81.65% in the past 14 days, which was lower than the 102.86% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $95.06, while its 200-day Moving Average is $57.37. Now, the first resistance to watch is $108.33. This is followed by the second major resistance level at $115.76. The third major resistance level sits at $120.41. If the price goes on to break the first support level at $96.25, it is likely to go to the next support level at $91.60. The third support level lies at $84.17 if the price breaches the second support level.

Dave Inc (NASDAQ: DAVE) Key Stats

Market capitalization of the company is 1.29 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.