That is a little too overpriced for that pistol. The Davis 380 is now made by Cobra Arms and is known as the model CA-380. The CA-380 usually sells for around 130-140 dollars brand new.
These firearms are very simple and can be very finicky. The first rule of thumb is you have to hold these things tight when firing. This is not due to recoil, but due to the fact that because of the low mass of the slide, there is a great chance of a malfunction if there is a slight hint of limp wristing the weapon.
The barrel is of decent quality, and the rest of the weapon is made with Zamak (pot metal). There is a decent chance that the Zamak will crack around the barrel (the steel barrel is shrouded in Zamak) or slide, causing you to send it in for warranty repairs.
For around the same amount of money, I recommend you purchase a Hi-Point C9. The construction is much better, and you will find that the 9x19mm round is much more common, and cheaper, than the .380 ACP round.
If you are stuck on this type of weapon, I recommend you go with the Cobra Arms model FS380 pistol. It is a little bulkier than the CA380 which will lead to less felt recoil and a more durable slide/frame.