PHUN has 36-month beta value of 2.48. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PHUN is 7.89M, and currently, short sellers hold a 12.38% ratio of that float. The average trading volume of PHUN on May 09, 2024 was 2.46M shares.
PHUN) stock’s latest price update
Phunware Inc (NASDAQ: PHUN) has experienced a rise in its stock price by 9.80 compared to its previous closing price of 7.14. However, the company has seen a gain of 17.89% in its stock price over the last five trading days. Proactive Investors reported 2024-05-07 that Phunware Inc (NASDAQ:PHUN) said it has hired a hospitality industry veteran as a strategic advisor to guide the wayfinding company’s expansion into the hospitality sector. Paul Ruffino, former executive at the Park Lane hotel in Manhattan and the Excelsior in Rome, as well as three decades with Hospitality Management Inc, starts in the advisory role today, May 7.
PHUN’s Market Performance
PHUN’s stock has risen by 17.89% in the past week, with a monthly rise of 2.89% and a quarterly drop of -57.67%. The volatility ratio for the week is 7.03% while the volatility levels for the last 30 days are 8.63% for Phunware Inc The simple moving average for the past 20 days is 18.83% for PHUN’s stock, with a -24.31% simple moving average for the past 200 days.
Analysts’ Opinion of PHUN
Many brokerage firms have already submitted their reports for PHUN stocks, with ROTH Capital repeating the rating for PHUN by listing it as a “Buy.” The predicted price for PHUN in the upcoming period, according to ROTH Capital is $2.50 based on the research report published on May 11, 2021 of the previous year 2021.
Ascendiant Capital Markets, on the other hand, stated in their research note that they expect to see PHUN reach a price target of $4. The rating they have provided for PHUN stocks is “Buy” according to the report published on June 16th, 2020.
PHUN Trading at -5.43% 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 -76.61% of loss for the given period.
Volatility was left at 8.63%, however, over the last 30 days, the volatility rate increased by 7.03%, as shares surge +3.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.83% lower at present.
During the last 5 trading sessions, PHUN rose by +17.64%, which changed the moving average for the period of 200-days by -57.60% in comparison to the 20-day moving average, which settled at $6.61. In addition, Phunware Inc saw 91.22% 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 PHUN starting from Snavely Michael, who purchase 2,500 shares at the price of $9.04 back on Mar 14 ’24. After this action, Snavely Michael now owns 23,143 shares of Phunware Inc, valued at $22,600 using the latest closing price.
Reisner Troy Lee, the Chief Financial Officer of Phunware Inc, purchase 2,000 shares at $8.76 during a trade that took place back on Mar 14 ’24, which means that Reisner Troy Lee is holding 14,000 shares at $17,514 based on the most recent closing price.
Stock Fundamentals for PHUN
Current profitability levels for the company are sitting at:
- -9.46 for the present operating margin
- 0.35 for the gross margin
The net margin for Phunware Inc stands at -10.42. The total capital return value is set at 4.67. Equity return is now at value -206.72, with -84.45 for asset returns.
Based on Phunware Inc (PHUN), the company’s capital structure generated -1.36 points at debt to capital in total, while cash flow to debt ratio is standing at -2.79. The debt to equity ratio resting at -0.58. The interest coverage ratio of the stock is -26.37.
Currently, EBITDA for the company is -19.79 million with net debt to EBITDA at -0.14. When we switch over and look at the enterprise to sales, we see a ratio of 13.71. The receivables turnover for the company is 8.79for trailing twelve months and the total asset turnover is 0.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.30.
Conclusion
To put it simply, Phunware Inc (PHUN) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others 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.
