Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Phunware Inc (NASDAQ: PHUN) closed at $5.36 in the last session, down -10.75% from day before closing price of $6.00. In other words, the price has decreased by -$10.75 from its previous closing price. On the day, 2.31 million shares were traded. PHUN stock price reached its highest trading level at $5.82 during the session, while it also had its lowest trading level at $5.28.
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 3.80 and its Current Ratio is at 3.80. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 22 ’24 when MEWAWALLA RAHUL sold 29,595 shares for $5.15 per share. The transaction valued at 152,414 led to the insider holds 0 shares of the business.
MEWAWALLA RAHUL bought 29,595 shares of PHUN for $152,414 on Nov 22 ’24. On Jul 12 ’24, another insider, Snavely Michael, who serves as the Chief Executive Officer of the company, sold 6,000 shares for $5.67 each. As a result, the insider received 34,004 and left with 19,143 shares of the company.
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 106501312 and an Enterprise Value of 28362470. Its current Enterprise Value per Revenue stands at 8.019 whereas that against EBITDA is -2.365.
Stock Price History:
The Beta on a monthly basis for PHUN is 2.26, which has changed by -0.26380366 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, PHUN has reached a high of $24.50, while it has fallen to a 52-week low of $2.85. The 50-Day Moving Average of the stock is 5.37%, while the 200-Day Moving Average is calculated to be -0.84%.
Shares Statistics:
According to the various share statistics, PHUN traded on average about 7.62M shares per day over the past 3-months and 2451500 shares per day over the past 10 days. A total of 19.89M shares are outstanding, with a floating share count of 19.75M. Insiders hold about 0.68% of the company’s shares, while institutions hold 6.77% stake in the company. Shares short for PHUN as of 1735603200 were 2007855 with a Short Ratio of 0.26, compared to 1732838400 on 2027684. Therefore, it implies a Short% of Shares Outstanding of 2007855 and a Short% of Float of 10.100000000000001.
