Phunware Inc (NASDAQ: PHUN) is -41.54% lower on its value in year-to-date trading and has touched a low of $2.22 and a high of $14.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PHUN stock was last observed hovering at around $3.18 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $3.04, the stock is -2.74% and 2.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing -4.40% at the moment leaves the stock -25.37% off its SMA200. PHUN registered -45.23% loss for a year compared to 6-month loss of -28.72%.
The stock witnessed a -0.33% gain in the last 1 month and extending the period to 3 months gives it a 3.05%, and is -11.37% 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 5.13% over the week and 5.62% over the month.
Phunware Inc (PHUN) has around 29 employees, a market worth around $61.32M and $2.96M in sales. Profit margin for the company is -397.40%. Distance from 52-week low is 36.94% and -79.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-11.28%).
The EPS is expected to grow by 30.59% this year
The shares outstanding are 20.17M, and float is at 20.06M with Short Float at 6.94%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.38 million shares valued at $2.11 million. The investor’s holdings represent 4.6265 of the PHUN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 0.24 million shares valued at $1.32 million to account for 2.8995 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 83260.0 shares representing 1.0032 and valued at over $0.46 million, while MORGAN STANLEY holds 0.572 of the shares totaling 47470.0 with a market value of $0.26 million.
Phunware Inc (PHUN) Insider Activity
The most recent transaction is an insider sale by MEWAWALLA RAHUL, the company’s Director. SEC filings show that MEWAWALLA RAHUL sold 29,595 shares of the company’s common stock on Nov 22 ’24 at a price of $5.15 per share for a total of $0.15 million. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Jul 12 ’24, Snavely Michael (Chief Executive Officer) disposed off 6,000 shares at an average price of $5.67 for $34004.0. The insider now directly holds 19,143 shares of Phunware Inc (PHUN).
