Dave saw its IBD SmartSelect Composite Rating rise to 96 Friday, up from 92 the day before. The tech stock also sports 98 Relative Strength Rating.
The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength.
Dave stock cleared a consolidation in early February but has since pulled back. It's not currently near a proper buy zone. See if the tech stock goes on to form a new base and offer a new buying opportunity.
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The stock earns an 81 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 81% of all stocks.
Its Accumulation/Distribution Rating of D shows moderate selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.
Dave Earnings
The Calif.-based fintech company reported a 0% rise in earnings for Q3. Sales growth increased 41%, up from 31% in the prior report. That marks four consecutive reports with increasing revenue gains. The company's next quarterly report is expected on or around Mar. 3.
Dave stock holds the No. 5 rank among its peers in the Computer-Technical Services industry group. IBEX is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
