On Monday, Phunware Inc (NASDAQ: PHUN) was 6.85% up from the session before settling in for the closing price of $4.45. A 52-week range for PHUN has been $2.85 – $24.50.
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During the last 5-year period, the sales drop of Technology Sector giant was -28.80%. When this article was written, the company’s average yearly earnings per share was at 94.97%. With a float of $19.70 million, this company’s outstanding shares have now reached $19.89 million.
Let’s determine the extent of company efficiency that accounts for 25 employees. 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
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 6.77%. 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 94.97% 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 3.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -18.36, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.43 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 3.0 million, which is a drop from its year-to-date volume of 3.36 million. As of the previous 9 days, the stock’s Stochastic %D was 9.47%. Additionally, its Average True Range was 1.19.
During the past 100 days, Phunware Inc’s (PHUN) raw stochastic average was set at 16.26%, which indicates a significant increase from 12.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 138.35% in the past 14 days, which was lower than the 155.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.40, while its 200-day Moving Average is $6.74. However, in the short run, Phunware Inc’s stock first resistance to watch stands at $5.07. Second resistance stands at $5.37. The third major resistance level sits at $5.87. If the price goes on to break the first support level at $4.27, it is likely to go to the next support level at $3.77. Should the price break the second support level, the third support level stands at $3.47.
Phunware Inc (NASDAQ: PHUN) Key Stats
There are 19,888K outstanding shares of the company, which has a market capitalization of 85.54 million. As of now, sales total 4,830 K while income totals -52,790 K. Its latest quarter income was 670 K while its last quarter net income were -2,760 K.
