In last trading session, Dave Inc (NASDAQ:DAVE) saw 0.58 million shares changing hands with its beta currently measuring 3.55. Company’s recent per share price level of $95.82 trading at -$1.12 or -1.16% at ring of the bell on the day assigns it a market valuation of $1.22B. That closing price of DAVE’s stock is at a discount of -13.23% from its 52-week high price of $108.50 and is indicating a premium of 83.15% from its 52-week low price of $16.15. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.36 million shares which gives us an average trading volume of 527.56K if we extend that period to 3-months.
For Dave Inc (DAVE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Dave Inc (NASDAQ:DAVE) trade information
Upright in the red during last session for losing -1.16%, in the last five days DAVE remained trading in the green while hitting it’s week-highest on Friday, 01/31/25 when the stock touched $95.82 price level, adding 7.24% to its value on the day. Dave Inc’s shares saw a change of 10.24% in year-to-date performance and have moved 6.60% in past 5-day. Dave Inc (NASDAQ:DAVE) showed a performance of 1.44% in past 30-days. Number of shares sold short was 1.31 million shares which calculate 2.85 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 71.5 to the stock, which implies a fall of -34.01% to its current value. Analysts have been projecting 36 as a low price target for the stock while placing it at a high target of 120. It follows that stock’s current price would jump 62.43% in reaching the projected high whereas dropping to the targeted low would mean a gain of 62.43% for stock’s current value.
Dave Inc (DAVE) estimates and forecasts
Statistics highlight that Dave Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 163.53% of value to its shares in past 6 months, showing an annual growth rate of 203.69% while that of industry is 14.10. Apart from that, the company came raising its revenue forecast for fiscal year 2025.
Dave Inc (NASDAQ:DAVE)’s Major holders
Insiders are in possession of 16.55% of company’s total shares while institution are holding 57.27 percent of that, with stock having share float percentage of 68.63%. Investors also watch the number of corporate investors in a company very closely, which is 57.27% institutions for Dave Inc that are currently holding shares of the company.
On the other hand, Roxbury/Hood River Small Cap Growth Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024 , the former fund manager was holding 324.24 shares of worth $31.07 million or 2.88% of the total outstanding shares. The later fund manager was in possession of 253.73 shares on Sep 30, 2024 , making its stake of worth around $24.31 million in the company or a holder of 2.26% of company’s stock.
