Phunware Inc [PHUN] stock prices are up 14.15% to $3.71 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PHUN shares have gain 24.92% over the last week, with a monthly amount glided 22.44%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Phunware Inc [NASDAQ: PHUN] stock has seen the most recent analyst activity on November 12, 2024, when H.C. Wainwright downgraded its rating to a Neutral and also revised its price target to $6 from $9. Previously, ROTH Capital started tracking the stock with Buy rating on May 11, 2021, and set its price target to $2.50. On June 16, 2020, Ascendiant Capital Markets initiated with a Buy rating and assigned a price target of $4 on the stock.
The stock price of Phunware Inc [PHUN] has been fluctuating between $2.22 and $14.60 over the past year. Currently, Wall Street analysts expect the stock to reach $3.75 within the next 12 months. Phunware Inc [NASDAQ: PHUN] shares were valued at $3.71 at the most recent close of the market. An investor can expect a potential return of 1.08% based on the average PHUN price forecast.
Analyzing the PHUN fundamentals
The Phunware Inc [NASDAQ:PHUN] reported sales of 2.96M for trailing twelve months, representing a drop of -25.30%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at -5.21%, Pretax Profit Margin comes in at -3.96%, and Net Profit Margin reading is -3.97%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.18 and Total Capital is -0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It’s worth pointing out that Phunware Inc [NASDAQ:PHUN]’s Current Ratio is 15.41. Further, the Quick Ratio stands at 15.41, while the Cash Ratio is 15.22. Considering the valuation of this stock, the price to sales ratio is 25.28, the price to book ratio is 0.72.
Transactions by insiders
Recent insider trading involved MEWAWALLA RAHUL, Director, that happened on Nov 22 ’24 when 29595.0 shares were sold. Director, MEWAWALLA RAHUL completed a deal on Nov 22 ’24 to buy 29595.0 shares. Meanwhile, Chief Executive Officer Snavely Michael sold 6000.0 shares on Jul 12 ’24.
