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In the latest session, Phunware Inc (NASDAQ: PHUN) closed at $4.45 down -9.63% from its previous closing price of $4.93. In other words, the price has decreased by -$9.63 from its previous closing price. On the day, 2.23 million shares were traded. PHUN stock price reached its highest trading level at $4.8989 during the session, while it also had its lowest trading level at $4.4.
Ratios:
For a deeper understanding of Phunware Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 12 ’24 when Snavely Michael sold 6,000 shares for $5.67 per share. The transaction valued at 34,004 led to the insider holds 19,143 shares of the business.
Snavely Michael bought 3,814 shares of PHUN for $22,426 on Jun 13 ’24. The Chief Executive Officer now owns 25,143 shares after completing the transaction at $5.88 per share. On Jun 13 ’24, another insider, Snavely Michael, who serves as the Chief Executive Officer of the company, sold 6,000 shares for $5.83 each. As a result, the insider received 34,985 and left with 21,329 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 88601928 and an Enterprise Value of 17797686. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.07 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 5.032 whereas that against EBITDA is -1.484.
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 -17.12%, while the 200-Day Moving Average is calculated to be -34.52%.
Shares Statistics:
For the past three months, PHUN has traded an average of 6.44M shares per day and 7024370 over the past ten days. A total of 11.34M shares are outstanding, with a floating share count of 11.23M. Insiders hold about 0.97% of the company’s shares, while institutions hold 11.87% stake in the company. Shares short for PHUN as of 1730332800 were 1428879 with a Short Ratio of 0.22, compared to 1727654400 on 726924. Therefore, it implies a Short% of Shares Outstanding of 1428879 and a Short% of Float of 12.6.
