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home / news releases / DAVA - Endava: The Risk-Reward Appears Unfavourable

DAVA - Endava: The Risk-Reward Appears Unfavourable

Endava plc American Depositary Shares
  • Endava's IT service revenue has grown enormously, leading to rich valuations.
  • We think the company's European exposure is a risk that the stock price has not factored in.
  • Coupled with relatively low revenue per employee, we think the European exposure can lead to a significant correction in the stock price.

For further details see:

Endava: The Risk-Reward Appears Unfavourable
Stock Information
Company Name: Endava plc American Depositary Shares
Stock Symbol: DAVA
Market: NYSE
Website: endava.com
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