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Phunware Inc (PHUN) Volatility At 10.41%, Should You Add A Position?

Phunware Inc (NASDAQ: PHUN) is 27.07% higher on its value in year-to-date trading and has touched a low of $3.50 and a high of $24.56 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PHUN stock was last observed hovering at around $5.36 in the last trading session, with the day’s loss setting it -0.15%.

Currently trading at $5.21, the stock is -6.86% and -15.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing -2.80% at the moment leaves the stock -36.70% off its SMA200. PHUN registered -74.47% loss for a year compared to 6-month loss of -75.20%.

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The stock witnessed a -6.13% gain in the last 1 month and extending the period to 3 months gives it a -18.34%, and is -7.62% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.41% over the week and 8.67% over the month.

Phunware Inc (PHUN) has around 25 employees, a market worth around $41.84M and $15.80M in sales. Profit margin for the company is -257.36%. Distance from 52-week low is 48.86% and -78.79% from its 52-week high. The company has generated returns on investments over the last 12 months (-262.63%).

The EPS is expected to grow by 92.13% this year

The shares outstanding are 8.03M, and float is at 7.91M with Short Float at 13.27%.

Phunware Inc (PHUN) Insider Activity

The most recent transaction is an insider sale by Snavely Michael, the company’s Chief Executive Officer. SEC filings show that Snavely Michael sold 6,000 shares of the company’s common stock on Jul 12 ’24 at a price of $5.67 per share for a total of $34004.0. Following the sale, the insider now owns 19143.0 shares.

Phunware Inc disclosed in a document filed with the SEC on Jun 13 ’24 that Snavely Michael (Chief Executive Officer) bought a total of 3,814 shares of the company’s common stock. The trade occurred on Jun 13 ’24 and was made at $5.88 per share for $22426.0. Following the transaction, the insider now directly holds 25143.0 shares of the PHUN stock.

Still, SEC filings show that on Jun 13 ’24, Snavely Michael (Chief Executive Officer) disposed off 6,000 shares at an average price of $5.83 for $34985.0. The insider now directly holds 21,329 shares of Phunware Inc (PHUN).

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