Shares of Dave Inc. (NASDAQ:DAVEW – Get Free Report) were down 17.8% during trading on Monday . The company traded as low as $0.5098 and last traded at $0.5099. Approximately 17,136 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 29,446 shares. The stock had previously closed at $0.62.
Dave Stock Performance
The stock’s fifty day moving average is $0.84 and its two-hundred day moving average is $1.12.
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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