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Dave Inc (NASDAQ: DAVE) closed the day trading at $82.66 down -2.24% from the previous closing price of $84.55. In other words, the price has decreased by -$2.24 from its previous closing price. On the day, 0.77 million shares were traded. DAVE stock price reached its highest trading level at $83.35 during the session, while it also had its lowest trading level at $78.56.
Ratios:
For a better understanding of DAVE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.67. For the most recent quarter (mrq), Quick Ratio is recorded 8.05 and its Current Ratio is at 8.05. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.41.
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, Canaccord Genuity on January 31, 2025, initiated with a Buy rating and assigned the stock a target price of $120.
On August 12, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $53.
On July 26, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $53.Lake Street initiated its Buy rating on July 26, 2024, with a $53 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1107106816 and an Enterprise Value of 1067626176. As of this moment, Dave’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.38, and their Forward P/E ratio for the next fiscal year is 17.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.12 while its Price-to-Book (P/B) ratio in mrq is 5.88. Its current Enterprise Value per Revenue stands at 3.076 whereas that against EBITDA is 30.166.
Stock Price History:
The Beta on a monthly basis for DAVE is 3.49, which has changed by 1.301225 over the last 52 weeks, in comparison to a change of 0.077997446 over the same period for the S&P500. Over the past 52 weeks, DAVE has reached a high of $125.00, while it has fallen to a 52-week low of $28.31. The 50-Day Moving Average of the stock is -13.16%, while the 200-Day Moving Average is calculated to be 30.63%.
Shares Statistics:
Over the past 3-months, DAVE traded about 480.47K shares per day on average, while over the past 10 days, DAVE traded about 393110 shares per day. A total of 11.50M shares are outstanding, with a floating share count of 9.48M. Insiders hold about 27.62% of the company’s shares, while institutions hold 65.12% stake in the company. Shares short for DAVE as of 1741910400 were 1001017 with a Short Ratio of 2.08, compared to 1739491200 on 1301910. Therefore, it implies a Short% of Shares Outstanding of 1001017 and a Short% of Float of 11.84.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
