Endava PLC - ADR (DAVA) stock has risen 1.84% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With DAVA Stock Today?
Endava PLC - ADR (DAVA) stock is up 1.84% while the S&P 500 has fallen -0.34% as of 1:31 PM on Thursday, Apr 22. DAVA is higher by $1.54 from the previous closing price of $83.50 on volume of 231,666 shares. Over the past year the S&P 500 has risen 51.99% while DAVA is higher by 116.61%. DAVA earned $0.87 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 98.18.
More About Endava PLC - ADR
Endava PLC provides technology solutions. It offers various services such as Agile Transformation, through which the company identify, define, and implement the mix of process, technology, and culture. It also provides Digital Evolution and Automation, Test Automation and Engineering, Cloud, Architecture, Software Engineering, and others. The company offers its services to various industries such as Finance, Retail and Consumer Goods, Telecommunication, Media, and Technology, Insurance and Healthcare, and others.