Dave Inc (NASDAQ:DAVE) shares, rose in value on Thursday, April 16, with the stock price up by 2.56% to the previous day’s close as strong demand from buyers drove the stock to $84.27.
Actively observing the price movement in the last trading, the stock closed the session at $82.17, falling within a range of $81.9 and $85.1377. The value of beta (5-year monthly) was 3.52 whereas the PE ratio was 19.76 over 12-month period. Referring to stock’s 52-week performance, its high was $125.00, and the low was $28.31. On the whole, DAVE has fluctuated by -2.11% over the past month.
With the market capitalization of Dave Inc currently standing at about $1.10 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-02.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DAVE’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of DAVE currently trading nearly -0.19% and -8.31% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.07, while the 7-day volatility ratio is showing 5.27% which for the 30-day chart, stands at 8.78%. Furthermore, Dave Inc (DAVE)’s beta value is 3.40, and its average true range (ATR) is 7.34.
A comparison of Dave Inc (DAVE) with its peers suggests the former has fared considerably weaker in the market. DAVE showed an intraday change of 2.56% in last session, and over the past year, it grew by 137.48%%.
Data on historical trading for Dave Inc (NASDAQ:DAVE) indicates that the trading volumes over the past 10 days have averaged 0.42 and over the past 3 months, they’ve averaged 483.33K. According to company’s latest data on outstanding shares, there are 11.50 million shares outstanding.
Nearly 27.62% of Dave Inc’s shares belong to company insiders and institutional investors own 65.19% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.99 million shares as on 2025-03-31, resulting in a short ratio of 1.8. According to the data, the short interest in Dave Inc (DAVE) stood at 1177.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.03 million. The stock has fallen by -3.05% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DAVE stock heading into the next quarter.
