Phunware Inc [PHUN] stock prices are down -3.76% to $10.48 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PHUN shares have gain 48.02% over the last week, with a monthly amount drifted -38.06%, and not seem to be holding up well over a long-time horizon.
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On 6, March 2024, Phunware to Participate in the 36th Annual ROTH Conference. In a post published today on Yahoo Finance, Phunware, Inc. (Nasdaq: PHUN, “Phunware” or the “Company”), the leading provider of patented wayfinding and mobile engagement solutions for mobile that enables brands to engage, manage and monetize anyone anywhere, will be holding one-on-ones meetings at the 36th Annual ROTH Conference on March 17-19, 2024 at the Ritz Carlton Laguna Niguel in Dana Point California.
From an analyst’s perspective:
Phunware Inc [NASDAQ: PHUN] stock has seen the most recent analyst activity on May 11, 2021, when ROTH Capital initiated its Buy rating and assigned the stock a price target of $2.50. Previously, Ascendiant Capital Markets started tracking the stock with Buy rating on June 16, 2020, and set its price target to $4.
The stock price of Phunware Inc [PHUN] has been fluctuating between $3.50 and $45.25 over the past year. Phunware Inc [NASDAQ: PHUN] shares were valued at $10.48 at the most recent close of the market.
Analyzing the PHUN fundamentals
The Phunware Inc [NASDAQ:PHUN] reported sales of 15.80M for trailing twelve months, representing a drop of -41.32%. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at -2.59%, Pretax Profit Margin comes in at -2.57%, and Net Profit Margin reading is -2.42%. To continue investigating profitability, this company’s Return on Assets is posted at -1.37, Equity is -2.15 and Total Capital is -4.27. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.35.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.84 points at the first support level, and at 9.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.19, and for the 2nd resistance point, it is at 11.89.
Phunware Inc [PHUN] reported earnings per share of -$8 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$2.75/share, meaning a difference of -$5.25 and a surprise factor of -190.90%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$3 per share as compared to estimates of -$3 per share, a difference of $0 representing a surprise of 0.00%.
Ratios To Look Out For
It’s worth pointing out that Phunware Inc [NASDAQ:PHUN]’s Current Ratio is 0.30. On the other hand, the Quick Ratio is 0.25, and the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 128.04, the price to book ratio is 205.53.
Transactions by insiders
Recent insider trading involved Snavely Michael, Chief Executive Officer, that happened on Jan 17 ’24 when 273.0 shares were sold. Director, Manlunas Eric completed a deal on Aug 31 ’23 to sell 25188.0 shares.
