Phreesia Inc (PHR) 20 Days SMA touches -2.33%: The odds favor the bear

Phreesia Inc (NYSE: PHR) kicked off on Monday, down -3.52% from the previous trading day, before settling in for the closing price of $23.58. Over the past 52 weeks, PHR has traded in a range of $12.05-$34.98.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 29.21%. While this was happening, its average annual earnings per share was recorded 36.46%. With a float of $52.24 million, this company’s outstanding shares have now reached $56.35 million.

Considering the fact that the conglomerate employs 1438 people, you should pay attention to its efficiency factor.

Phreesia Inc (PHR) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Health Information Services Industry. The insider ownership of Phreesia Inc is 6.11%, while institutional ownership is 94.30%. The most recent insider transaction that took place on Apr 10 ’24, was worth 63,928. In this transaction Principal Accounting Officer of this company sold 2,768 shares at a rate of $23.10, taking the stock ownership to the 36,132 shares. Before that another transaction happened on Apr 09 ’24, when Company’s General Counsel & Secretary sold 4,626 for $23.42, making the entire transaction worth $108,360. This insider now owns 136,859 shares in total.

Phreesia Inc (PHR) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 239.66 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 36.46% per share during the next fiscal year.

Phreesia Inc (NYSE: PHR) Trading Performance Indicators

Take a look at Phreesia Inc’s (PHR) current performance indicators. Last quarter, stock had a quick ratio of 1.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.55.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.53, a number that is poised to hit -0.48 in the next quarter and is forecasted to reach -1.26 in one year’s time.

Technical Analysis of Phreesia Inc (PHR)

Compared to the last year’s volume of 0.53 million, its volume of 0.5 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 75.39%. Additionally, its Average True Range was 1.11.

During the past 100 days, Phreesia Inc’s (PHR) raw stochastic average was set at 56.16%, which indicates a significant increase from 33.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.35% in the past 14 days, which was lower than the 57.04% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $24.66, while its 200-day Moving Average is $23.06. Nevertheless, the first resistance level for the watch stands at $23.46 in the near term. At $24.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $24.72. If the price goes on to break the first support level at $22.20, it is likely to go to the next support level at $21.65. Should the price break the second support level, the third support level stands at $20.94.

Phreesia Inc (NYSE: PHR) Key Stats

The company with the Market Capitalisation of 1.27 billion has total of 56,387K Shares Outstanding. Its annual sales at the moment are 356,300 K in contrast with the sum of -136,890 K annual income. Company’s last quarter sales were recorded 95,000 K and last quarter income was -30,650 K.