[breadcrumb_custom]

Phunware Inc (PHUN) Stock: A Year of Declines and Increases

Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Phunware Inc’s current trading price is -90.58% away from its 52-week high, while its distance from the 52-week low is -3.15%. The stock’s price range over this period has fluctuated between $0.14 and $1.47. The company, operating within the financial sector, had a trading volume of approximately 5.42 million for the day, which was noticeably higher than the average daily share volume of 1.69 million over the last 3 months.

The present stock price for Phunware Inc (PHUN) is $0.14. In the last trading session, the stock made a considerable jump, reaching $0.1495 after an opening price of $0.1495. The stock briefly fell to $0.1292 before ending the session at $0.15.

Elon Musk just Triggered a BOOM in These Stocks

Something strange is happening in the stock market…. This select group of stocks are going absolutely bananas. And it's all because of Elon Musk. Get your copy of "Top 5 Tech Stocks to Buy in 2024"

Click Here to Download the FREE Report.

Sponsored

Phunware Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $1.47 on 11/17/22 and a low of $0.14 for the same time frame on 11/16/23.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Phunware Inc (PHUN) has experienced a quarterly decline of -58.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.76M and boasts a workforce of 106 employees.

Phunware Inc: What Analysts Are Saying

As of right now, 3 analysts are rating Phunware Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2831, with a change in price of -0.3744. Similarly, Phunware Inc recorded 2,449,853 in trading volume during the last 100 days, posting a change of -73.00%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for PHUN stands at 1.35. Similarly, the long-term debt-to-equity ratio is also 0.35.

PHUN Stock Stochastic Average

Today, Phunware Inc’s raw stochastic average for the past 50 days stands at 6.18%, indicating a decline from the raw stochastic average of the last 20 days, which was 13.15%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 11.79% and 8.99% respectively.

PHUN Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price loss of -82.09% this year. Over the last six months, there has been a stronger performance of -79.08%. The price of PHUN leaped by -23.31% during the last 30 days period. For the last 5-days stocks have slided -17.12%.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts