A new trading day began on Monday, with Phunware Inc (NASDAQ: PHUN) stock price up 6.96% from the previous day of trading, before settling in for the closing price of $5.60. PHUN’s price has ranged from $2.85 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%. Meanwhile, its annual earnings per share averaged 93.59%. With a float of $11.23 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 -55.32%, operating margin of 563.55%, and the pretax margin is 551.18%.
Phunware Inc (PHUN) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. 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
Here are Phunware Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -18.36, a number that is poised to hit -0.25 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 3.37 million, its volume of 10.06 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 6.80%. Additionally, its Average True Range was 1.43.
During the past 100 days, Phunware Inc’s (PHUN) raw stochastic average was set at 26.72%, which indicates a significant increase from 5.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 286.13% in the past 14 days, which was higher than the 153.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.24, while its 200-day Moving Average is $7.02. Nevertheless, the first resistance level for the watch stands at $6.22 in the near term. At $6.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.81. If the price goes on to break the first support level at $5.63, it is likely to go to the next support level at $5.26. Should the price break the second support level, the third support level stands at $5.04.
Phunware Inc (NASDAQ: PHUN) Key Stats
With a market capitalization of 59.25 million, the company has a total of 11,339K Shares Outstanding. Currently, annual sales are 4,830 K while annual income is -52,790 K. The company’s previous quarter sales were 1,010 K while its latest quarter income was -2,630 K.
