The stock of Phreesia Inc (PHR) has gone up by 7.71% for the week, with a 0.51% rise in the past month and a -1.88% drop in the past quarter. The volatility ratio for the week is 4.46%, and the volatility levels for the past 30 days are 5.10% for PHR. The simple moving average for the past 20 days is 0.96% for PHR’s stock, with a 1.47% simple moving average for the past 200 days.
Is It Worth Investing in Phreesia Inc (NYSE: PHR) Right Now?
Additionally, the 36-month beta value for PHR is 0.92. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for PHR is 52.28M and currently, short sellers hold a 4.14% ratio of that float. The average trading volume of PHR on April 12, 2024 was 525.00K shares.
PHR) stock’s latest price update
Phreesia Inc (NYSE: PHR)’s stock price has dropped by -1.39 in relation to previous closing price of 23.80. Nevertheless, the company has seen a gain of 7.71% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-09 that The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Analysts’ Opinion of PHR
Many brokerage firms have already submitted their reports for PHR stocks, with Truist repeating the rating for PHR by listing it as a “Buy.” The predicted price for PHR in the upcoming period, according to Truist is $35 based on the research report published on February 26, 2024 of the current year 2024.
DA Davidson, on the other hand, stated in their research note that they expect to see PHR reach a price target of $32, previously predicting the price at $30. The rating they have provided for PHR stocks is “Buy” according to the report published on January 17th, 2024.
Barclays gave a rating of “Overweight” to PHR, setting the target price at $29 in the report published on January 03rd of the current year.
PHR Trading at -5.22% from the 50-Day Moving Average
After a stumble in the market that brought PHR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.90% of loss for the given period.
Volatility was left at 5.10%, however, over the last 30 days, the volatility rate increased by 4.46%, as shares surge +3.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.28% lower at present.
During the last 5 trading sessions, PHR rose by +7.25%, which changed the moving average for the period of 200-days by -24.02% in comparison to the 20-day moving average, which settled at $23.28. In addition, Phreesia Inc saw 1.38% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PHR starting from Hoffman Allison C, who sale 4,626 shares at the price of $23.42 back on Apr 09 ’24. After this action, Hoffman Allison C now owns 136,859 shares of Phreesia Inc, valued at $108,360 using the latest closing price.
VanDuyn Amy Beth, the SVP, Human Resources of Phreesia Inc, sale 3,768 shares at $23.43 during a trade that took place back on Apr 09 ’24, which means that VanDuyn Amy Beth is holding 119,695 shares at $88,277 based on the most recent closing price.
Stock Fundamentals for PHR
Current profitability levels for the company are sitting at:
- -0.38 for the present operating margin
- 0.63 for the gross margin
The net margin for Phreesia Inc stands at -0.38. The total capital return value is set at -0.52. Equity return is now at value -50.77, with -36.87 for asset returns.
Based on Phreesia Inc (PHR), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -3.78. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -51.49.
Currently, EBITDA for the company is -102.83 million with net debt to EBITDA at 0.71. When we switch over and look at the enterprise to sales, we see a ratio of 3.44. The receivables turnover for the company is 5.49for trailing twelve months and the total asset turnover is 0.96. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.77.
Conclusion
In conclusion, Phreesia Inc (PHR) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
