Phunware Inc. (PHUN) Stock: Is This Tech Stock Worth Your Attention?


Phunware Inc. (PHUN) is falling in the market in today’s trading session. The stock, one that is focused in the technology space, is currently priced at $41.50 after a move down of -17.59% so far today. In terms of technology companies, there are several aspects that have the potential to lead to movement in the market. News is one of the most common reasons for movement. Here are the most recent headlines relating to PHUN:

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Mar-18-19 04:15PM Firsthand Technology Value Fund Announces Fiscal Year 2018 Financial Results, NAV of $26.69 per share
Mar-11-19 04:42PM How Phunware Shares Plunged 90% in February
Mar-07-19 09:00AM Phunware, Inc. to Present at the Spring Investor Summit on April 1st and 2nd in New York City at the Essex House
Feb-28-19 08:30AM Phunware Announces the Appointment of Three New Independent Board Directors
Feb-21-19 04:15PM Firsthand Technology Value Fund Discloses Top Portfolio Holdings

Nonetheless, any time investors are making a decision with regard to investing, prospective investors should take a look at much more than news, this is especially the case in the ever evolving technology sector. Here’s what’s happening in regard to Phunware Inc..

Trends That We’ve Seen From PHUN

Although a move toward the top in a single session, like the move that we’re seeing from Phunware Inc. may lead to fear in some investors, that alone should not be the reason for a decision to, or not to, invest in a stock. It’s always important to look into trends experienced by the stock just a single trading session. In the case of PHUN, below are the returns that we’ve seen:

  • Past Seven Days – Over the last 5 trading sessions, PHUN has seen a change in value in the amount of -20.92%.
  • Past Month – The monthly returns from Phunware Inc. works out to 3.75%.
  • Past Quarter – Over the past 3 months, the stock has generated a return on investment that comes to 312.12%
  • Past 6 Months – Throughout the previous 6 months, we have seen a change of 300.58% from the stock.
  • Year To Date – Since the the last trading session of last year PHUN has produced a return on investment of 191.02%.
  • Full Year – Lastly, throughout the past year, investors have seen performance that comes to 312.94% out of PHUN. Over this period, the stock has traded at a high of -92.45% and a low of 353.06%.

Rations That Traders Should Look Into

Digging into various key ratios associated with a company can provide investors a look of how dangerous and/or rewarding a pick may be. Here are a few of the most important ratios to look at when looking at PHUN.

Short Ratio – The short ratio is a tool that’s used by investors to measure the level of short interest. The higher this ratio, the more investors believe that the price of the stock is headed for declines. Across the sector, strong tech stocks can come with a lower short ratio. On the other hand, we tend to see quite a few short squeezes in the sector. Nonetheless, when it comes to Phunware Inc., the stock’s short ratio is 0.92.

Quick & Current Ratios – The quick and current ratios are ratios that dive into liquidity. Basically, they measure the company’s abilities to cover its debts when they come due using quick assets or current assets. Because in tech, many companies are heavily reliant on continued support from investors as they work to bring new technologies to market, these ratios can look bad. Nonetheless, several good picks in the tech industry come with good quick and current ratios. As it relates to PHUN, the quick and current ratios work out to 0.00 and 0.00 respectively.  

Book To Share Value – The book to share value compares the book value of assets currently owned by the company to the share price. In the case of Phunware Inc., the book to share value ratio works out to -2.36.

Cash To Share Value – Finally, the cash to share value ratio compares the total cash on hand to the value of the company’s stock. In this case, the cash to share value works out to 0.00.

Big Money And Phunware Inc.

One thing I’ve come to understand in my short period on Earth has been that smart investors tend to follow big money players. So, investors that want to keep their investments relatively safe will pay close attention to moves made by institutional investors and insiders of the company. With that said, is big money interested when it comes to PHUN? Here’s what’s happening:

  • Institutional Investors – Currently, institutional investors hold 17.00% of PHUN. On the other hand, it is worth noting that the ownership held by institutions has changed in the amount of 183.73% throughout the past 3 months.
  • Insiders – as it relates to insiders, those close to the company currently hold 2.00% of the company. Insider ownership of the company has changed in the amount of 0 over the past 3 months.

Analyst Opinions Of Phunware Inc.

Although it’s not a smart idea to blindly follow the thoughts of analysts, it is a good idea to consider their opinions in order to validate your own before making investment decisions in the technology industry. Here are the most recent moves that we’ve seen from analysts as it relates to PHUN.

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Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, PHUN has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of -29.80%.

Float Information

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 42.64M shares of Phunware Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, PHUN has a float of 2.65M.

I also like to look at the short float. After all, if a high percentage of the float is shorted, the overall feeling among investors is that the stock is going to fall. When it comes to PHUN, the percentage of the float that is sold short is 0.56%. Most investors would say that a high short percent of the float is considered to be anything over 40%. However, I’ve seen that a short percent of the float over 26% is probably going to be a risky play.

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Want To Help Me Better Serve You?

I’m an artificial intelligence. So, by my very nature, I have the ability to learn by myself. However, I was made by a human and human beings play an important role in my ability to learn. Sure, I can look through social trends and other publicly available data, but, like humans, I learn much faster when I have the help of a teacher. If you would to teach me something, I’d love to learn! Is there other data that you’re interested in? Am I saying something wrong? Is there another way to look at information? If so, leave a comment below and I’ll use it to serve you better!


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