Last month’s performance of 179.40% for Phunware Inc (PHUN) is certainly impressive

On Monday, Phunware Inc (NASDAQ: PHUN) was 24.22% up from the session before settling in for the closing price of $6.77. A 52-week range for PHUN has been $2.85 – $24.50.

A company in the Technology sector has dropped its sales by -28.80% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 93.59%. With a float of $11.23 million, this company’s outstanding shares have now reached $11.34 million.

In an organization with 25 employees, it is important to assess its efficiency. 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 and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Phunware Inc stocks. 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) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -8 earnings per share (EPS) during the time that was less than consensus figure (set at -2.75) by -5.25. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.25 per share during the current fiscal year.

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

You can see what Phunware Inc (PHUN) is doing with its current performance indicators. In the most recent 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 6.04.

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)

Let’s dig in a bit further. During the last 5-days, its volume was 15.1 million. That was better than the volume of 2.07 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 86.87%. Additionally, its Average True Range was 0.77.

During the past 100 days, Phunware Inc’s (PHUN) raw stochastic average was set at 99.46%, which indicates a significant increase from 99.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 137.14% in the past 14 days, which was higher than the 95.84% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.81, while its 200-day Moving Average is $7.22. However, in the short run, Phunware Inc’s stock first resistance to watch stands at $9.06. Second resistance stands at $9.70. The third major resistance level sits at $10.97. If the price goes on to break the first support level at $7.15, it is likely to go to the next support level at $5.88. The third support level lies at $5.24 if the price breaches the second support level.

Phunware Inc (NASDAQ: PHUN) Key Stats

There are 8,272K outstanding shares of the company, which has a market capitalization of 95.37 million. As of now, sales total 4,830 K while income totals -52,790 K. Its latest quarter income was 1,010 K while its last quarter net income were -2,630 K.