The price of Phunware Inc (NASDAQ:PHUN) shares last traded on Wall Street fell -0.38% to $10.56.
PHUN stock price is now 131.34% away from the 50-day moving average and 42.70% away from the 200-day moving average. The market capitalization of the company currently stands at $119.75M.
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With the price target of $2.50, ROTH Capital recently initiated with Buy rating for Phunware Inc (NASDAQ: PHUN). On June 16, 2020, Ascendiant Capital Markets recently initiated its ‘Buy’ rating on the stock quoting a target price of $4
In other news, Snavely Michael, Chief Executive Officer sold 6,000 shares of the company’s stock on Jul 12 ’24. The stock was sold for $34,004 at an average price of $5.67. Upon completion of the transaction, the Chief Executive Officer now directly owns 19,143 shares in the company, valued at $0.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 13 ’24, Chief Executive Officer Snavely Michael bought 3,814 shares of the business’s stock. A total of $22,426 was incurred on buying the stock at an average price of $5.88. This leaves the insider owning 25,143 shares of the company worth $0.27 million. A total of 0.97% of the company’s stock is owned by insiders.
During the past 12 months, Phunware Inc has had a low of $2.85 and a high of $24.50. As of last week, the company has a debt-to-equity ratio of 0.09, a current ratio of 2.82, and a quick ratio of 2.82. The fifty day moving average price for PHUN is $4.5647 and a two-hundred day moving average price translates $7.40025 for the stock.
The latest earnings results from Phunware Inc (NASDAQ: PHUN) was released for 2024-06-30. The net profit margin was -257.36% and return on equity was -206.72% for PHUN. The company reported revenue of $1.01 million for the quarter, compared to $1.29 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -21.93 percent.
