Phunware Inc (NASDAQ:PHUN) has a beta value of 2.56 and has seen 2.47 million shares traded in the last trading session. The company, currently valued at $51.14M, closed the last trade at $4.51 per share which meant it gained $0.69 on the day or 18.06% during that session. The PHUN stock price is -443.24% off its 52-week high price of $24.50 and 36.81% above the 52-week low of $2.85. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.6 million shares traded. The 3-month trading volume is 613.18K shares.
The consensus among analysts is that Phunware Inc (PHUN) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
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Phunware Inc (NASDAQ:PHUN) trade information
Sporting 18.06% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PHUN stock price touched $4.51 or saw a rise of 3.63%. Year-to-date, Phunware Inc shares have moved 10.00%, while the 5-day performance has seen it change 28.86%. Over the past 30 days, the shares of Phunware Inc (NASDAQ:PHUN) have changed 36.46%. Short interest in the company has seen 0.73 million shares shorted with days to cover at 1.83.
Wall Street analysts have a consensus price target for the stock at $14.5, which means that the shares’ value could jump 68.9% from current levels. The projected low price target is $7.0 while the price target rests at a high of $22.0. In that case, then, we find that the current price level is -387.8% off the targeted high while a plunge would see the stock gain -55.21% from current levels.
Phunware Inc (PHUN) estimates and forecasts
Figures show that Phunware Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -37.96% over the past 6 months, with this year growth rate of 93.59%, compared to 18.80% for the industry.
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 6.47% over the past 5 years.
PHUN Dividends
Phunware Inc is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Phunware Inc (NASDAQ:PHUN)’s Major holders
Insiders own 5.29% of the company shares, while shares held by institutions stand at 7.59% with a share float percentage of 8.02%. Investors are also buoyed by the number of investors in a company, with Phunware Inc having a total of 32.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . As of Jun 30, 2024 , the former fund manager holds about 1.98% shares in the company for having 224.62 shares of worth $1.01 million while later fund manager owns 150.54 shares of worth $0.68 million as of Jun 30, 2024 , which makes it owner of about 1.33% of company’s outstanding stock.
