Why is Phreesia Inc. (PHR) up 18.04% from the day 1 this year?

At the end of the latest market close, Phreesia Inc. (PHR) was valued at $32.52. In that particular session, Stock kicked-off at the price of $30.94 while reaching the peak value of $32.61 and lowest value recorded on the day was $30.50. The stock current value is $36.04.

Recently in News on October 21, 2020, Phreesia Announces Pricing of Public Offering of Common Stock. Phreesia, Inc. (“Phreesia”) (NYSE:PHR), a leading patient intake management platform, announced today the pricing of its previously announced underwritten public offering of 5,000,000 shares of its common stock (the “Offering”) at a price to the public of $32.00 per share, all of which will be sold by the Company. In addition, the Company has granted the underwriters an option for 30 days to purchase up to 750,000 additional shares of common stock at the public offering price, less underwriting discounts. You can read further details here

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Phreesia Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $37.36 on 10/21/20, with the lowest value was $16.01 for the same time period, recorded on 03/18/20.

Phreesia Inc. (PHR) full year performance was 18.04%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Phreesia Inc. shares are logging 3.43% during the 52-week period from high price, and 125.14% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $16.01 and $34.85.

The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1827439 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Phreesia Inc. (PHR) recorded performance in the market was 22.07%, having the revenues showcasing 13.00% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.28B, as it employees total of 532 workers.

Market experts do have their say about Phreesia Inc. (PHR)

During the last month, 9 analysts gave the Phreesia Inc. a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 30.03, with a change in the price was noted +6.07. In a similar fashion, Phreesia Inc. posted a movement of +20.16% for the period of last 100 days, recording 456,295 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for PHR is recording 0.29 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.24.

Technical breakdown of Phreesia Inc. (PHR)

Raw Stochastic average of Phreesia Inc. in the period of last 50 days is set at 87.78%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 87.30%. In the last 20 days, the company’s Stochastic %K was 73.07% and its Stochastic %D was recorded 72.96%.

Bearing in mind the latest performance of Phreesia Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 22.07%. Additionally, trading for the stock in the period of the last six months notably improved by 47.75%, alongside a boost of 18.04% for the period of the last 12 months. The shares increased approximately by -1.99% in the 7-day charts and went down by 13.99% in the period of the last 30 days. Common stock shares were driven by 13.00% during last recorded quarter.

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