Phunware Inc (NASDAQ: PHUN) on Friday, soared 5.60% from the previous trading day, before settling in for the closing price of $3.31. Within the past 52 weeks, PHUN’s price has moved between $3.09 and $24.50.
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During the last 5-year period, the sales drop of Technology Sector giant was -28.80%. The company achieved an average annual earnings per share of 93.59%. With a float of $11.23 million, this company’s outstanding shares have now reached $11.34 million.
Let’s determine the extent of company efficiency that accounts for 25 employees. 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
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Phunware Inc is 0.97%, 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
Phunware Inc (PHUN) is currently performing well based on its current performance indicators. A quick ratio of 2.82 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.50.
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)
Looking closely at Phunware Inc (NASDAQ: PHUN), its last 5-days average volume was 0.84 million, which is a drop from its year-to-date volume of 1.88 million. As of the previous 9 days, the stock’s Stochastic %D was 37.56%. Additionally, its Average True Range was 0.29.
During the past 100 days, Phunware Inc’s (PHUN) raw stochastic average was set at 7.44%, which indicates a significant decrease from 53.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.27% in the past 14 days, which was higher than the 71.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.15, while its 200-day Moving Average is $7.29. However, in the short run, Phunware Inc’s stock first resistance to watch stands at $3.67. Second resistance stands at $3.86. The third major resistance level sits at $4.05. If the price goes on to break the first support level at $3.29, it is likely to go to the next support level at $3.10. Should the price break the second support level, the third support level stands at $2.91.
Phunware Inc (NASDAQ: PHUN) Key Stats
Market capitalization of the company is 39.58 million based on 8,272K outstanding shares. Right now, sales total 4,830 K and income totals -52,790 K. The company made 1,010 K in profit during its latest quarter, and -2,630 K in sales during its previous quarter.
