Is it Time to Sell/Buy Phunware Inc. (PHUN) Stock After Recent Trade?

Ascendiant Capital Markets announced it was Initiated coverage of Phunware Inc. in a research note on June 16, 2020.

Manlunas Eric, the Director of Phunware Inc., sold 21694.0 shares at the valuation of $1.51 during an exchange that occurred on May 21, which implies that Manlunas Eric is holding 112,199 shares at the estimation of $32,758.

In another transaction, on May 20, Director of Phunware Inc., Syllantavos George, sold 8625.0 shares at the price of $2.25. After this activity, Syllantavos George now keeps 72,839 shares of Phunware Inc., esteemed at $19,406.

PHUN Recent Trade

The share price of PHUN ascended by $0.07 during the exchanging session on 10/02/20 to exchange at $1.00. Phunware Inc. stock has an exchanging volume of 4.73 million shares, which is high, contrasted with its 3-months average volume of 4.05M shares. Its market capitalization has now reached to $40.39M.

PHUN Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, PHUN price has rose by 19.39%. In the course of past three months sees the stock go down around -15.98%, while it has gain 84.46% over the past six months and -15.98% since the start of the year.

PHUN Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Sep 2020), Phunware Inc. posted -$0.08 earnings per share (EPS) which was above the consensus estimate of -$0.09 by $0.01, which represents to an expansion by 11.10%.

PHUN Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Phunware Inc. has seen its stock exchanging -48.46% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +32.74% above its three-month low. A more extensive look sees PHUN exchanging -66.67% beneath its 52-week high and 85.15% above from its 52-week low price.

PHUN Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 12.39%, while it has a month to month instability of 10.02%. The company has an ATR (Average True Range) of 0.09.

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