Endava plc ADR (NYSE: DAVA) is -52.32% lower on its value in year-to-date trading and has touched a low of $13.39 and a high of $34.94 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DAVA stock was last observed hovering at around $14.9 in the last trading session, with the day’s loss setting it -0.81%.
Currently trading at $14.09, the stock is -6.63% and -12.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing -5.44% at the moment leaves the stock -40.68% off its SMA200. DAVA registered -54.40% loss for a year compared to 6-month loss of -56.19%. The firm has a 50-day simple moving average (SMA 50) of $16.159 and a 200-day simple moving average (SMA200) of $23.75175.
The stock witnessed a -15.02% gain in the last 1 month and extending the period to 3 months gives it a -16.92%, and is -8.74% down 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 4.94% over the week and 4.21% over the month.
Endava plc ADR (DAVA) has around 12085 employees, a market worth around $627.01M and $994.90M in sales. Current P/E ratio is 36.28 and Fwd P/E is 9.01. Profit margin for the company is 2.33%. Distance from 52-week low is 5.25% and -59.67% from its 52-week high. The company has generated returns on investments over the last 12 months (2.19%).
The EPS is expected to shrink by -0.45% this year
205.0 institutions hold shares in Endava plc ADR (DAVA), with institutional investors hold 89.72% of the company’s shares. The shares outstanding are 44.50M, and float is at 44.49M with Short Float at 4.10%. Institutions hold 89.17% of the Float.
The top institutional shareholder in the company is KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC with over 4.04 million shares valued at $118.07 million. The investor’s holdings represent 6.9097 of the DAVA Shares outstanding. As of 2024-06-30, the second largest holder is INVESCO LTD. with 3.1 million shares valued at $90.66 million to account for 5.3058 of the shares outstanding. The other top investors are CDAM (UK) LTD which holds 2.2 million shares representing 3.7692 and valued at over $64.41 million, while BAMCO INC /NY/ holds 3.1856 of the shares totaling 1.86 million with a market value of $54.43 million.
