Endava PLC Sponsored ADR (DAVA) Surges 6.0%: Is This an Indication of Further Gains?

Zacks2023-11-03

Endava PLC Sponsored ADR DAVA shares ended the last trading session 6% higher at $51.90. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session...

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The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session...</p>\n\n<a href=\"https://finance.yahoo.com/news/endava-plc-sponsored-adr-dava-142700886.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Endava PLC Sponsored ADR (DAVA) Surges 6.0%: Is This an Indication of Further Gains?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEndava PLC Sponsored ADR (DAVA) Surges 6.0%: Is This an Indication of Further Gains?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-03 22:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/endava-plc-sponsored-adr-dava-142700886.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Endava PLC Sponsored ADR DAVA shares ended the last trading session 6% higher at $51.90. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session...</p>\n\n<a href=\"https://finance.yahoo.com/news/endava-plc-sponsored-adr-dava-142700886.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0648005311.SGD","symbol_name":"Natixis DNCA Emerging Europe Equity RA SGD","start_time":0,"source_url":"https://finance.yahoo.com/news/endava-plc-sponsored-adr-dava-142700886.html","article_id":"2380190692","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/gt52zA8r5Y5ymMrQOmxR0A--~B/aD02MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/f76663cf05c3c2a957964d03b32d78c6"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2380190692","pubTimestamp":1699021620,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Endava PLC Sponsored ADR DAVA shares ended the last trading session 6% higher at $51.90. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 11.9% loss over the past four weeks.The optimism surrounding the stock can be attributed to growing adoption of the company’s solutions and services across multiple industries. The company’s sustained focus on expanding product portfolio is helping it win new clients. Moreover, strategic acquisitions with the likes of TLM Partners and DEK are helping the company enhance its global presence and strengthen product capabilities.This company is expected to post quarterly earnings of $0.42 per share in its upcoming report, which represents a year-over-year change of -34.4%. Revenues are expected to be $219.77 million, down 4.9% from the year-ago quarter.Endava PLC Sponsored ADR  : Free Stock Analysis Report. Computer Task Group, Incorporated  : Free Stock Analysis","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0648005311.SGD":"Natixis DNCA Emerging Europe Equity RA SGD","LU0084288595.USD":"法储银新兴欧洲基金RA","DAVA":"Endava Ltd","BK4134":"信息科技咨询与其它服务"},"translate_title":"Endava PLC赞助的ADR（DAVA）飙升6.0%：这是进一步上涨的迹象吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CTG":1,"DAVA":1},"content_text":"Endava PLC Sponsored ADR DAVA shares ended the last trading session 6% higher at $51.90. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 11.9% loss over the past four weeks.\nThe optimism surrounding the stock can be attributed to growing adoption of the company’s solutions and services across multiple industries. The company’s sustained focus on expanding product portfolio is helping it win new clients. Moreover, strategic acquisitions with the likes of TLM Partners and DEK are helping the company enhance its global presence and strengthen product capabilities.\nThis company is expected to post quarterly earnings of $0.42 per share in its upcoming report, which represents a year-over-year change of -34.4%. Revenues are expected to be $219.77 million, down 4.9% from the year-ago quarter.\nEarnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.\nFor Endava PLC Sponsored ADR, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on DAVA going forward to see if this recent jump can turn into more strength down the road.\nThe stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>\nEndava PLC Sponsored ADR is part of the Zacks Computers - IT Services industry. Computer Task Group CTG, another stock in the same industry, closed the last trading session 1.4% lower at $10.21. CTG has returned -0.3% in the past month.\nFor Computer Task Group , the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.11. This represents no change from what the company reported a year ago. Computer Task Group currently has a Zacks Rank of #3 (Hold).\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nEndava PLC Sponsored ADR (DAVA) : Free Stock Analysis Report\nComputer Task Group, Incorporated (CTG) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2380190692"}