Phunware Inc (PHUN) 14-day ATR is 1.04: This Stock is Set to Soar Above its Peers

Phunware Inc (NASDAQ: PHUN) started the day on Thursday, with a price increase of 14.00% at $6.84, before settling in for the price of $6.00 at the close. Taking a more long-term approach, PHUN posted a 52-week range of $3.50-$36.00.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was -28.80%. Meanwhile, its Annual Earning per share during the time was 6.47%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 91.27%. This publicly-traded company’s shares outstanding now amounts to $8.03 million, simultaneously with a float of $7.88 million. The organization now has a market capitalization sitting at $54.93 million. At the time of writing, stock’s 50-day Moving Average stood at $10.36, while the 200-day Moving Average is $11.36.

Phunware Inc (PHUN) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Application Industry. Phunware Inc’s current insider ownership accounts for 1.87%, in contrast to 10.73% institutional ownership. According to the most recent insider trade that took place on Mar 14 ’24, this organization’s Chief Executive Officer bought 2,500 shares at the rate of 9.04, making the entire transaction reach 22,600 in total value, affecting insider ownership by 23,143. Preceding that transaction, on Mar 14 ’24, Company’s Chief Financial Officer bought 2,000 for 8.76, making the whole transaction’s value amount to 17,514. This particular insider is now the holder of 14,000 in total.

Phunware Inc (PHUN) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 23.72 per share during the current fiscal year.

Phunware Inc’s EPS increase for this current 12-month fiscal period is 91.27% and is forecasted to reach -1.34 in the upcoming year.

Phunware Inc (NASDAQ: PHUN) Trading Performance Indicators

Let’s observe the current performance indicators for Phunware Inc (PHUN). It’s Quick Ratio in the last reported quarter now stands at 0.25. The Stock has managed to achieve an average true range (ATR) of 1.04. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.48.

In the same vein, PHUN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -18.36, a figure that is expected to reach -0.43 in the next quarter, and analysts are predicting that it will be -1.34 at the market close of one year from today.

Technical Analysis of Phunware Inc (PHUN)

If we take a close look at the recent performances of Phunware Inc (NASDAQ: PHUN), its last 5-days Average volume was 0.47 million that shows plunge from its year to date volume of 3.74 million. During the previous 9 days, stock’s Stochastic %D was recorded 24.88% While, its Average True Range was 0.81.

Raw Stochastic average of Phunware Inc (PHUN) in the period of the previous 100 days is set at 15.91%, which indicates a major fall in contrast to 31.63% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 83.47% that was lower than 364.64% volatility it exhibited in the past 100-days period.