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As of close of business last night, Endava plc ADR’s stock clocked out at $26.62, down -3.76% from its previous closing price of $27.66. In other words, the price has decreased by -$3.76 from its previous closing price. On the day, 1.03 million shares were traded. DAVA stock price reached its highest trading level at $28.07 during the session, while it also had its lowest trading level at $26.09.
Ratios:
To gain a deeper understanding of DAVA’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 14.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.20. 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.
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 1571415936 and an Enterprise Value of 1711474560. As of this moment, Endava’s Price-to-Earnings (P/E) ratio for their current fiscal year is 72.55, and their Forward P/E ratio for the next fiscal year is 12.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 1.47. Its current Enterprise Value per Revenue stands at 2.31 whereas that against EBITDA is 28.73.
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 -13.06%, while the 200-Day Moving Average is calculated to be -38.37%.
Shares Statistics:
It appears that DAVA traded 407.90K shares on average per day over the past three months and 786220 shares per day over the past ten days. A total of 44.50M shares are outstanding, with a floating share count of 41.77M. Shares short for DAVA as of 1724976000 were 899967 with a Short Ratio of 2.47, compared to 1722384000 on 816066.
