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The price of Endava plc ADR (NYSE: DAVA) closed at $25.54 in the last session, down -2.33% from day before closing price of $26.15. In other words, the price has decreased by -$2.33 from its previous closing price. On the day, 0.54 million shares were traded. DAVA stock price reached its highest trading level at $26.255 during the session, while it also had its lowest trading level at $24.98.
Ratios:
We take a closer look at DAVA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.47. For the most recent quarter (mrq), Quick Ratio is recorded 1.74 and its Current Ratio is at 1.74. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.29.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Redburn Atlantic on May 24, 2024, initiated with a Neutral rating and assigned the stock a target price of $33.10.
On May 01, 2024, HSBC Securities Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $45.
JP Morgan Upgraded its Neutral to Overweight on March 19, 2024, while the target price for the stock was maintained at $49.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 30 ’24 when Butcher Patrick bought 152 shares for $26.15 per share.
Druskin Ben bought 229 shares of DAVA for $5,988 on Sep 30 ’24. On Sep 30 ’24, another insider, Hollister Kathryn A, who serves as the Director of the company, bought 140 shares for $26.15 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DAVA now has a Market Capitalization of 1543670912 and an Enterprise Value of 1647734528. As of this moment, Endava’s Price-to-Earnings (P/E) ratio for their current fiscal year is 69.61, and their Forward P/E ratio for the next fiscal year is 11.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 1.41. Its current Enterprise Value per Revenue stands at 2.224 whereas that against EBITDA is 27.66.
Stock Price History:
Over the past 52 weeks, DAVA has reached a high of $81.06, while it has fallen to a 52-week low of $24.51. The 50-Day Moving Average of the stock is -14.93%, while the 200-Day Moving Average is calculated to be -39.17%.
Shares Statistics:
According to the various share statistics, DAVA traded on average about 418.78K shares per day over the past 3-months and 884860 shares per day over the past 10 days. A total of 44.50M shares are outstanding, with a floating share count of 41.77M. Shares short for DAVA as of 1726185600 were 1200572 with a Short Ratio of 2.87, compared to 1723680000 on 899967. Therefore, it implies a Short% of Shares Outstanding of 1200572 and a Short% of Float of 2.7.
