Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
As of close of business last night, Dave Inc’s stock clocked out at $89.64, down -3.62% from its previous closing price of $93.01. In other words, the price has decreased by -$3.62 from its previous closing price. On the day, 0.54 million shares were traded. DAVE stock price reached its highest trading level at $93.0768 during the session, while it also had its lowest trading level at $88.0.
Ratios:
To gain a deeper understanding of DAVE’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.57. For the most recent quarter (mrq), Quick Ratio is recorded 6.81 and its Current Ratio is at 6.81. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.48.
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, The Benchmark Company on August 12, 2024, initiated with a Buy rating and assigned the stock a target price of $53.
On July 26, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $53.
On June 10, 2024, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $54.Seaport Research Partners initiated its Buy rating on June 10, 2024, with a $54 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 29 ’24 when Preston Dan sold 12,400 shares for $96.00 per share. The transaction valued at 1,190,400 led to the insider holds 6,360 shares of the business.
Preston Dan sold 4,235 shares of DAVE for $406,560 on Nov 27 ’24. The Director now owns 18,760 shares after completing the transaction at $96.00 per share. On Nov 13 ’24, another insider, Preston Dan, who serves as the Director of the company, sold 9,765 shares for $79.09 each. As a result, the insider received 772,314 and left with 22,995 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DAVE now has a Market Capitalization of 1139091328 and an Enterprise Value of 1144015744. As of this moment, Dave’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.76, and their Forward P/E ratio for the next fiscal year is 18.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.58 while its Price-to-Book (P/B) ratio in mrq is 7.31. Its current Enterprise Value per Revenue stands at 3.582 whereas that against EBITDA is 64.231.
Stock Price History:
Over the past 52 weeks, DAVE has reached a high of $103.72, while it has fallen to a 52-week low of $6.04. The 50-Day Moving Average of the stock is 62.79%, while the 200-Day Moving Average is calculated to be 115.72%.
Shares Statistics:
It appears that DAVE traded 416.58K shares on average per day over the past three months and 517300 shares per day over the past ten days. A total of 11.19M shares are outstanding, with a floating share count of 8.87M. Shares short for DAVE as of 1731628800 were 908019 with a Short Ratio of 2.18, compared to 1728950400 on 2097789. Therefore, it implies a Short% of Shares Outstanding of 908019 and a Short% of Float of 11.26.
