Dave Inc. (NASDAQ:DAVEW – Get Free Report)’s share price shot up 2.5% during mid-day trading on Monday . The stock traded as high as $1.47 and last traded at $1.3840. Approximately 67,276 shares changed hands during trading, an increase of 81% from the average daily volume of 37,164 shares. The stock had previously closed at $1.35.
Dave Price Performance
The company’s 50 day moving average is $0.85 and its 200 day moving average is $0.68.
About Dave
Dave, Inc is a technology-driven financial services company that offers a suite of digital banking and budgeting tools designed to help consumers avoid overdraft fees and better manage their day-to-day finances. Through its mobile application, Dave provides interest-free cash advances of up to a few hundred dollars, automated expense tracking, budgeting insights and early access to direct deposits. The platform also offers a subscription-based membership that bundles these features with tools such as savings recommendations and credit-building services, creating an alternative to traditional banking products.
Founded in 2016 and headquartered in Los Angeles, California, Dave began as a peer-to-peer lending network before pivoting to a more comprehensive personal finance solution.
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