Dave (NASDAQ:DAVEW) Shares Down 5.1% – What’s Next?

Dave Inc. (NASDAQ:DAVEW) shares traded down 5.1% during trading on Wednesday . The company traded as low as $0.4369 and last traded at $0.4560. 348 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 21,627 shares. The stock had previously closed at $0.4805.

Dave Stock Performance

The firm has a 50 day moving average of $0.70 and a two-hundred day moving average of $1.00.

Dave Company Profile

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.