Dave Inc (NASDAQ: DAVE) is 1.07% higher on its value in year-to-date trading and has touched a low of $10.21 and a high of $108.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DAVE stock was last observed hovering at around $89.32 in the last trading session, with the day’s loss setting it -1.47%.
Currently trading at $87.85, the stock is -1.32% and 4.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing -1.65% at the moment leaves the stock 74.98% off its SMA200. DAVE registered 743.90% gain for a year compared to 6-month gain of 134.89%. The firm has a 50-day simple moving average (SMA 50) of $83.9526 and a 200-day simple moving average (SMA200) of $50.2067.
The stock witnessed a -13.91% loss in the last 1 month and extending the period to 3 months gives it a 77.91%, and is 3.52% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.36% over the week and 8.08% over the month.
Dave Inc (DAVE) has around 285 employees, a market worth around $1.12B and $319.44M in sales. Current P/E ratio is 28.18 and Fwd P/E is 29.60. Profit margin for the company is 12.92%. Distance from 52-week low is 760.43% and -19.03% from its 52-week high. The company has generated returns on investments over the last 12 months (17.86%).
The EPS is expected to grow by 211.43% this year.
Dave Inc (DAVE) Top Institutional Holders
135.0 institutions hold shares in Dave Inc (DAVE), with institutional investors hold 63.51% of the company’s shares. The shares outstanding are 11.19M, and float is at 8.95M with Short Float at 12.78%. Institutions hold 53.00% of the Float.
Dave Inc (DAVE) Insider Activity
The most recent transaction is an insider sale by Preston Dan, the company’s Director. SEC filings show that Preston Dan sold 12,400 shares of the company’s common stock on Nov 29 ’24 at a price of $96.00 per share for a total of $1.19 million. Following the sale, the insider now owns 6360.0 shares.
Dave Inc disclosed in a document filed with the SEC on Nov 27 ’24 that Preston Dan (Director) sold a total of 4,235 shares of the company’s common stock. The trade occurred on Nov 27 ’24 and was made at $96.00 per share for $0.41 million. Following the transaction, the insider now directly holds 18760.0 shares of the DAVE stock.
Still, SEC filings show that on Nov 13 ’24, Preston Dan (Director) disposed off 9,765 shares at an average price of $79.09 for $0.77 million. The insider now directly holds 22,995 shares of Dave Inc (DAVE).
