Phunware Inc. (NASDAQ:PHUN) changes shares on Tuesday trading session, with a change of 1.27% or $0.02 shares. The trading starts at $1.61 and closed at $1.58 throughout the day. The trading session low price was $1.58 and day high was $1.85 on Tuesday, August 04. After the session, the Technology sector daily volume shifted to 8.94 million while its average volume is 5.75M. In other hand, the PHUN market cap reached to $64.21M.
On May 22, 2020, BRIEF-Phunware Files For Resale Of Up To 16.7 Mln, Shares, 10.3 Mln Warrants By Selling Stockholders. According to the news reported on Reuters, * PHUNWARE INC FILES FOR RESALE OF UP TO 16.7 MILLION COMMON SHARES AND 10.3 MILLION WARRANTS BY SELLING STOCKHOLDERS – SEC FILING Source text: (https://bit.ly/2Xn5CIj) Further company coverage:
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 4.58% and up 34.45% for month. Its quarterly performance was 119.18% above, while its half year performance is up 88.57%. PHUN yearly performance stood at positive 7.38% and rise 34.45% for year-to-date. Current recommendation for Phunware Inc. is 2.00.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. PHUN EPS (TTM) for 12-month is -0.34. EPS for this year is 9.00%, while for the next year its value is -0.31. Its EPS Q/Q reached 14.40%.
Let’s take a look on the analyst recommendations on PHUN for the current month and previous month. For the current month, 2 of 2 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 1 analysts participate in stock recommendation. Out of 1, 0 rated it sell, 1 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $4.00 – $4.00. Average target price for PHUN was reached at $4.00.
TCTC Holdings, LLC, Blackrock Inc. and Firsthand Capital Management, Inc. are the top three holders in Phunware Inc. (PHUN) stock. On Mar 30, 2020, TCTC Holdings, LLC has 1.55 million shares which valued 1.05 million. On Mar 30, 2020, Blackrock Inc. owned 1.48 million shares which valued at 1.0 million. On Mar 30, 2020, Firsthand Capital Management, Inc. has a total of 0.68 million shares which valued at 0.46 million. In the end, Firsthand Capital Management, Inc. have 1.67% shares outstanding of Phunware Inc. (PHUN) on Mar 30, 2020. The insider ownership moved to 6.20% and institutional holding shifted to 24.90%.
The company posted an EPS (TTM) of -0.34. According to the most recent quarter report on (Jun 2020), 2 analysts estimated an average EPS of -0.09. Analyst Estimated EPS for PHUN published in the report was -$0.09 – -$0.09 during the same period.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for PHUN rise 43.87% for period of 200 days. SMA for 50 days was 19.80% which is showing green signal, while SMA-20 was 11.34%. The moving average value for Phunware Inc. (PHUN) is 3.14M and 6.79% for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in PHUN stock. On May 21, Manlunas Eric, Director, sold 21,694 trading shares at the cost of $1.51, which valued at 32758.0. On May 20, Syllantavos George, Director, sold 8,625 shares at the cost of $2.25, with total shares of 72,839.