Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Dave Inc’s current trading price is -31.54% away from its 52-week high, while its distance from the 52-week low is 582.28%. The stock’s price range during this period has varied between $28.74 and $286.45. The company, active in the Technology sector, saw a trading volume of around 2.64 million for the day, considerably higher average daily volume of 0.57 million observed over the last three months.
Dave Inc (DAVE) current stock price is $196.11. During the last trading session, the stock soared, reaching $320.0 after opening at $196.11. The stock’s lowest point was $177.0 before it closed at $238.83.
Dave Inc had a pretty favorable run when it comes to the market performance.
How Financial Performance Impacts Market Capitalization
Dave Inc (DAVE) has experienced a quarterly rise of 85.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.62B and boasts a workforce of 274 employees.
Decoding Analysts’ Ratings for Dave Inc
As of right now, 6 analysts are rating Dave Inc as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 167.38, with a change in price of +114.31. Similarly, Dave Inc recorded 521,044 in trading volume during the last 100 days, posting a change of +139.74%.
How DAVE’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for DAVE stands at 0.35. Similarly, the long-term debt-to-equity ratio is also 0.35.
DAVE Stock Stochastic Average
As of today, the raw stochastic average of Dave Inc over the past 50 days is 15.92%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 24.13%. Additionally, the Stochastic %K and %D values for the company were 49.31% and 53.31%, respectively, over the past 20 days.
DAVE Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded an increase of 488.83%. However, over the last six months, the performance has been weaker by 98.49%. The price of DAVE decreased -25.17% over the last 30 days. And in the last five days, it has fallen by -18.36%.
