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The price of Phunware Inc (NASDAQ: PHUN) closed at $1.88 in the last session, down -1.57% from day before closing price of $1.91. In other words, the price has decreased by -$1.57 from its previous closing price. On the day, 0.12 million shares were traded. PHUN stock price reached its highest trading level at $1.95 during the session, while it also had its lowest trading level at $1.88.
Ratios:
We take a closer look at PHUN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 17.03 and its Current Ratio is at 17.03. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In the most recent recommendation for the company, H.C. Wainwright on November 12, 2024, Downgraded its rating to Neutral and sets its target price to $6 from $9 previously.
On May 11, 2021, ROTH Capital started tracking the stock assigning a Buy rating and target price of $2.50.
On June 16, 2020, Ascendiant Capital Markets started tracking the stock assigning a Buy rating and target price of $4.Ascendiant Capital Markets initiated its Buy rating on June 16, 2020, with a $4 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PHUN now has a Market Capitalization of 37952176 and an Enterprise Value of -65129828. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.08 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at -27.633 whereas that against EBITDA is 3.733.
Stock Price History:
The Beta on a monthly basis for PHUN is 2.66, which has changed by -0.60587 over the last 52 weeks, in comparison to a change of 0.14725316 over the same period for the S&P500. Over the past 52 weeks, PHUN has reached a high of $6.00, while it has fallen to a 52-week low of $1.77. The 50-Day Moving Average of the stock is -7.48%, while the 200-Day Moving Average is calculated to be -29.70%.
Shares Statistics:
According to the various share statistics, PHUN traded on average about 176.43K shares per day over the past 3-months and 118970 shares per day over the past 10 days. A total of 20.19M shares are outstanding, with a floating share count of 20.13M. Insiders hold about 0.31% of the company’s shares, while institutions hold 12.49% stake in the company. Shares short for PHUN as of 1767139200 were 916345 with a Short Ratio of 5.19, compared to 1764288000 on 952140. Therefore, it implies a Short% of Shares Outstanding of 916345 and a Short% of Float of 4.5500003.
Earnings Estimates
Current recommendations for the stock of the company come from 2.0 analysts. The consensus estimate for the next quarter is -$0.13, with high estimates of -$0.13 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.58 and -$0.61 for the fiscal current year, implying an average EPS of -$0.6. EPS for the following year is -$0.52, with 2.0 analysts recommending between -$0.5 and -$0.54.
Revenue Estimates
According to 2 analysts,. The current quarter’s revenue is expected to be $605k. It ranges from a high estimate of $610k to a low estimate of $600k. As of. The current estimate, Phunware Inc’s year-ago sales were $592kFor the next quarter, 2 analysts are estimating revenue of $800k. There is a high estimate of $800k for the next quarter, whereas the lowest estimate is $800k.
A total of 2 analysts have provided revenue estimates for PHUN’s current fiscal year. The highest revenue estimate was $2.38M, while the lowest revenue estimate was $2.37M, resulting in an average revenue estimate of $2.37M. In the same quarter a year ago, actual revenue was $3.19MBased on 2 analysts’ estimates, the company’s revenue will be $4.64M in the next fiscal year. The high estimate is $6M and the low estimate is $3.29M.
