Phunware Inc. (NASDAQ:PHUN) has a beta value of 0 and has seen 1,211,868 shares traded in the last trading session. The company, currently valued at $108.95 Million, closed the last trade at $1.53 per share which meant it lost -$0.06 on the day or -3.77% during that session. The PHUN stock price is -118.17% off its 52-week high price of $3.338 and 63.4% above the 52-week low of $0.56. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.74 Million shares traded. The 3-month trading volume is 15.37 Million shares.
The consensus among analysts is that Phunware Inc. (PHUN) is a Buy stock at the moment, with a recommendation rating of 2. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 2 have rated it as a Hold, with 2 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.11.
Phunware Inc. (NASDAQ:PHUN) trade information
Despite being -3.77% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Apr 27 when the PHUN stock price touched $1.68 or saw a rise of 8.93%. Year-to-date, Phunware Inc. shares have moved 21.43%, while the 5-day performance has seen it change -6.13%. Over the past 30 days, the shares of Phunware Inc. (NASDAQ:PHUN) have changed -5.56%. Short interest in the company has seen 5.48 Million shares shorted with days to cover at 0.36.
Wall Street analysts have a consensus price target for the stock at $3.75, which means that the shares’ value could jump 145.1% from current levels. The projected low price target is $2.75 while the price target rests at a high of $4.75. In that case, then, we find that the current price level is +210.46% off the targeted high while a plunge would see the stock lose 79.74% from current levels.
Phunware Inc. (PHUN) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -63.4% over the past 5 years. Earnings growth for 2021 is a modest -43.7%.
Phunware Inc. (NASDAQ:PHUN)’s Major holders
Insiders own 11.85% of the company shares, while shares held by institutions stand at 19.26% with a share float percentage of 21.85%. Investors are also buoyed by the number of investors in a company, with Phunware Inc. having a total of 26 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc. (The) with over 1.16 Million shares worth more than $1.46 Million. As of December 30, 2020, Vanguard Group Inc. (The) held 1.63% of shares outstanding.
The other major institutional holder is Geode Capital Management, LLC, with the holding of over 278.31 Thousand shares as of December 30, 2020. The firm’s total holdings are worth over $350.67 Thousand and represent 0.39% of shares outstanding.
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Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Vanguard Total Stock Market Index Fund. As of December 30, 2020, the former fund manager holds about 1.12% shares in the company for having 794118 shares of worth $1Million while later fund manager owns 352.73 Thousand shares of worth $444.44 Thousand as of December 30, 2020, which makes it owner of about 0.5% of company’s outstanding stock.