Phunware Inc. (NASDAQ:PHUN) went up by 5.37% from its latest closing price compared to the recent 1-year high of $3.34. The company’s stock price has collected -9.25% of loss in the last five trading sessions. Press Release reported on 02/18/21 that Phunware Closes Public Offering of Common Stock
Is It Worth Investing in Phunware Inc. (NASDAQ :PHUN) Right Now?
Opinions of the stock are interesting as 2 analysts out of 2 who provided ratings for Phunware Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $2.90, which is $0.35 above the current price. PHUN currently public float of 45.83M and currently shorts hold a 7.74% ratio of that float. Today, the average trading volume of PHUN was 13.34M shares.
PHUN’s Market Performance
PHUN stocks went down by -9.25% for the week, with a monthly jump of 97.67% and a quarterly performance of 280.60%, while its annual performance rate touched 110.74%. The volatility ratio for the week stands at 12.89% while the volatility levels for the past 30 days are set at 17.97% for Phunware Inc.. The simple moving average for the period of the last 20 days is 13.06% for PHUN stocks with a simple moving average of 115.74% for the last 200 days.
Analysts’ Opinion of PHUN
Many brokerage firms have already submitted their reports for PHUN stocks, with Ascendiant Capital Markets repeating the rating for PHUN by listing it as a “Buy.” The predicted price for PHUN in the upcoming period, according to Ascendiant Capital Markets is $4 based on the research report published on June 16th of the previous year 2020.
PHUN Trading at 63.16% from the 50-Day Moving Average
After a stumble in the market that brought PHUN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.60% of loss for the given period.
Volatility was left at 17.97%, however, over the last 30 days, the volatility rate increased by 12.89%, as shares surge +97.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +215.28% upper at present.
During the last 5 trading sessions, PHUN fell by -9.25%, which changed the moving average for the period of 200-days by +249.32% in comparison to the 20-day moving average, which settled at $2.32. In addition, Phunware Inc. saw 102.38% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at PHUN starting from Manlunas Eric, who sale 21,694 shares at the price of $1.51 back on May 21. After this action, Manlunas Eric now owns 112,199 shares of Phunware Inc., valued at $32,758 using the latest closing price.
Syllantavos George, the Director of Phunware Inc., sale 8,625 shares at $2.25 during a trade that took place back on May 20, which means that Syllantavos George is holding 72,839 shares at $19,406 based on the most recent closing price.