Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Phunware Inc’s stock clocked out at $4.26, down -4.16% from its previous closing price of $4.45. In other words, the price has decreased by -$4.16 from its previous closing price. On the day, 1.06 million shares were traded. PHUN stock price reached its highest trading level at $4.5249 during the session, while it also had its lowest trading level at $4.26.
Ratios:
To gain a deeper understanding of PHUN’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 84823168 and an Enterprise Value of 15567342. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.15 while its Price-to-Book (P/B) ratio in mrq is 1.72. Its current Enterprise Value per Revenue stands at 4.401 whereas that against EBITDA is -1.298.
Stock Price History:
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 -26.94%, while the 200-Day Moving Average is calculated to be -27.66%.
Shares Statistics:
It appears that PHUN traded 6.92M shares on average per day over the past three months and 1386590 shares per day over the past ten days. A total of 19.89M shares are outstanding, with a floating share count of 19.74M. Insiders hold about 0.73% of the company’s shares, while institutions hold 6.77% stake in the company. Shares short for PHUN as of 1732838400 were 2027684 with a Short Ratio of 0.29, compared to 1730332800 on 1428879. Therefore, it implies a Short% of Shares Outstanding of 2027684 and a Short% of Float of 10.2.
