On Monday, Phunware Inc (NASDAQ: PHUN) opened higher 11.80% from the last session, before settling in for the closing price of $3.22. Price fluctuations for PHUN have ranged from $3.09 to $24.50 over the past 52 weeks.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -28.80%. Company’s average yearly earnings per share was noted 93.59% at the time writing. With a float of $11.19 million, this company’s outstanding shares have now reached $11.34 million.
Considering the fact that the conglomerate employs 25 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -126.73%, operating margin of 2452.45%, and the pretax margin is 2452.04%.
Phunware Inc (PHUN) Insider Activity
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Phunware Inc is 1.33%, while institutional ownership is 11.69%. The most recent insider transaction that took place on Jul 12 ’24, was worth 34,004. In this transaction Chief Executive Officer of this company sold 6,000 shares at a rate of $5.67, taking the stock ownership to the 19,143 shares. Before that another transaction happened on Jun 13 ’24, when Company’s Chief Executive Officer bought 3,814 for $5.88, making the entire transaction worth $22,426. This insider now owns 25,143 shares in total.
Phunware Inc (PHUN) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 93.59% per share during the next fiscal year.
Phunware Inc (NASDAQ: PHUN) Trading Performance Indicators
Check out the current performance indicators for Phunware Inc (PHUN). In the past quarter, the stock posted a quick ratio of 2.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -18.36, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach -0.82 in one year’s time.
Technical Analysis of Phunware Inc (PHUN)
Compared to the last year’s volume of 1.91 million, its volume of 0.31 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 41.85%. Additionally, its Average True Range was 0.27.
During the past 100 days, Phunware Inc’s (PHUN) raw stochastic average was set at 9.48%, which indicates a significant decrease from 73.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.61% in the past 14 days, which was lower than the 74.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.30, while its 200-day Moving Average is $7.35. Nevertheless, the first resistance level for the watch stands at $3.82 in the near term. At $4.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.32. If the price goes on to break the first support level at $3.33, it is likely to go to the next support level at $3.06. Should the price break the second support level, the third support level stands at $2.84.
Phunware Inc (NASDAQ: PHUN) Key Stats
There are currently 8,272K shares outstanding in the company with a market cap of 40.82 million. Presently, the company’s annual sales total 4,830 K according to its annual income of -52,790 K. Last quarter, the company’s sales amounted to 1,010 K and its income totaled -2,630 K.
