Phunware Inc. (NASDAQ:PHUN) went up by 8.94% during the previous trading session, and it is maintaining the win ahead of Friday’s trading session. The share price of the Software – Application giant went up by $1.34 to trade ended Friday trading at $1.23. This is up from the $1.23 price recorded on Thursday’s trading session. Thanks to this latest performance, PHUN is closer to the higher price 52-week target of $4.00 and further from the lowest price target of $4.00. Its performance from the start of the year has also been positive, with PHUN up by 12.61% year-to-date.
Phunware Inc. (PHUN) started the day trading at $1.38 and recorded an intraday high of $1.39. It also recorded an intraday low of $1.26 during Friday’s trading session. Phunware Inc. is a very active stock that recorded a trading volume that is more than 54.11% of the average daily trading volume on Friday. The stock’s trading volume on Friday was 8259763, which is more than 54.11 of the total average daily trading volume of 3.79 million.
Phunware Inc. (NASDAQ:PHUN) 2020 Performance Impressive
The increase in PHUN’s stock price on Friday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of PHUN currently stands at $3.86, which is higher than the current trading price of the stock by 65.28%. However, PHUN’s current trading price is -148.15% lower than the 52-week low price of $0.54. In terms of trading volume, Phunware Inc. currently experienced healthy participation during the last trading session. 8259763 shares of Phunware Inc. were traded on the stock exchange on Friday, which is more than 54.11% of the 3.79 million average trading volume of the stock.
The performance of the stock has been positive over the past year. PHUN’s performance over the past one year has seen it plunge by -48.26%, while the stock has gone up by 10.74% in the last six months. The quarterly performance of PHUN currently stands at 71.47%, and it is down by 0.00% in the last month. The only positive figure was from the weekly performance, which currently reads 10.74%. At the time of writing PHUN’s report, the company has a total market cap of $50.40M, making it one of the largest publicly-traded companies in the world.Phunware Inc. also has over 93 employees all over the world.
PHUN Insider Activities
For Phunware Inc., insiders hold 24.90% of all company shares. The insider transactions over the past six months are up by 5.40%. During that period, insiders bought 0 shares in 0 transactions. In that same period, insiders sold 0 of their shares in 0 transactions. After these transactions, insiders at Phunware Inc. now hold 19.66M shares, which is over 27.53% of the total company stocks. Institutional investors currently hold a large chunk of the PHUN shares, as they control 48.01% of the company’s total stock.
PHUN Fundamental Analysis
For Phunware Inc., the stock’s diluted earnings per share (EPS) stands at -0.34. In the coming year, analysts expect the EPS to be -0.30.
The Return on Investment (ROI) on Phunware Inc.’s stock currently stands at -241.50%, and it has a net profit margin of -81.00%. The operating margin of the company is -78.50%, and its gross margin is 54.50%.
At the moment, Phunware Inc.’s Total Debt to Equity ratio stands at 2.93, and they have a long-term Debt to Equity ratio of 2.07.
PHUN Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of PHUN currently stands at 6.05%, while the SMA50 is 34.36%. The biggest one is the SMA200, which is currently reading 17.56% ahead of Friday’s trading session. The Relative Strength Index of this stock is 55.81.
