In the past week, DAVE stock has gone up by 17.99%, with a monthly gain of 4.08% and a quarterly surge of 149.08%. The volatility ratio for the week is 10.23%, and the volatility levels for the last 30 days are 8.19% for Dave Inc The simple moving average for the past 20 days is 14.50% for DAVE’s stock, with a 203.29% simple moving average for the past 200 days.
Is It Worth Investing in Dave Inc (NASDAQ: DAVE) Right Now?
Company’s 36-month beta value is 3.09.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DAVE is 6.09M, and currently, short sellers hold a 9.35% ratio of that floaft. The average trading volume of DAVE on April 24, 2024 was 116.26K shares.
DAVE) stock’s latest price update
Dave Inc (NASDAQ: DAVE)’s stock price has soared by 15.60 in relation to previous closing price of 36.22. Nevertheless, the company has seen a gain of 17.99% in its stock price over the last five trading days. InvestorPlace reported 2024-04-19 that Small-cap stocks tend to outperform their larger brethren over time. After several years of underperformance, it looked like the little guys were going to start winning again.
Analysts’ Opinion of DAVE
Jefferies gave a rating of “Hold” to DAVE, setting the target price at $5 in the report published on April 25th of the previous year.
DAVE Trading at 31.32% from the 50-Day Moving Average
After a stumble in the market that brought DAVE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.82% of loss for the given period.
Volatility was left at 8.19%, however, over the last 30 days, the volatility rate increased by 10.23%, as shares surge +5.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +102.56% upper at present.
During the last 5 trading sessions, DAVE rose by +17.99%, which changed the moving average for the period of 200-days by +659.89% in comparison to the 20-day moving average, which settled at $36.68. In addition, Dave Inc saw 399.34% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DAVE starting from Beilman Kyle, who sale 4,188 shares at the price of $33.26 back on Mar 14 ’24. After this action, Beilman Kyle now owns 189,143 shares of Dave Inc, valued at $139,293 using the latest closing price.
Wilk Jason, the Chief Executive Officer of Dave Inc, sale 2,400 shares at $33.26 during a trade that took place back on Mar 14 ’24, which means that Wilk Jason is holding 106,370 shares at $79,824 based on the most recent closing price.
Stock Fundamentals for DAVE
Current profitability levels for the company are sitting at:
- -0.6 for the present operating margin
- 0.8 for the gross margin
The net margin for Dave Inc stands at -0.19. The total capital return value is set at -0.58. Equity return is now at value -50.09, with -15.76 for asset returns.
Based on Dave Inc (DAVE), the company’s capital structure generated 0.67 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 2.08. The interest coverage ratio of the stock is -14.48.
Currently, EBITDA for the company is -36.66 million with net debt to EBITDA at -3.97. When we switch over and look at the enterprise to sales, we see a ratio of 2.52. The receivables turnover for the company is 2.3for trailing twelve months and the total asset turnover is 0.88. The liquidity ratio also appears to be rather interesting for investors as it stands at 10.81.
Conclusion
In a nutshell, Dave Inc (DAVE) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
