Phunware Inc. (PHUN) Stock: A Tech Stock That’s Seeing Declines


Phunware Inc. (PHUN) is making a move down in the market in today’s trading session. The company, one that is focused in the technology sector, is currently priced at $8.19 after falling -7.77% so far in today’s session. As it relates to technology stocks, there are several aspects that have the ability to cause declines in the market. One of the most common is news. Here are the recent headlines centered around PHUN:

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Apr-12-19 03:24PM Want Consistency? Learn To Scalp
10:53AM How Phunware’s Shares Doubled in Two Days
Apr-11-19 07:30AM Phunware Announces Award of Patent for Mobile Device Localization Based on Relative Received Signal Strength Indicators
Apr-09-19 07:30PM Why Phunware, Inc. Plummeted 53.7% in March
Mar-27-19 12:30PM Is Phunware Inc. (NASDAQ:PHUN) A Financially Sound Company?

However, any time investors are making an investing decision, prospective investors should look into far more than just news, especially in the ever changing tech space. Here’s what’s happening with Phunware Inc..

Performance Trends That We’ve Seen From PHUN

While a decline in a single session, like what we’re seeing from Phunware Inc. may lead to fear in some investors, a single session move alone shouldn’t be the reason for a decision to, or not to, invest in a company. It is generally smart to look at trends for a period longer than a single trading day. As it relates to PHUN, here are the returns that we’ve seen:

  • Past Seven Days – In the last five trading sessions, PHUN has generated a change in value that amounts to 42.43%.
  • Past 30 Days – The monthly ROI from Phunware Inc. comes to -87.59%.
  • Past Quarter – In the past three months, the company has produced a return on investment of -91.01%
  • Bi-Annually – In the last 6 months, investors have seen a performance of -21.55% from the company.
  • Year To Date – Since the the last trading session of last year PHUN has produced a return of -42.57%.
  • Annually – Finally, throughout the last year, we’ve seen performance that comes to -19.47% from PHUN. In this period of time, the stock has traded at a high of -98.51% and a low price of 63.80%.

Ratios That Are Notable

Looking at various ratios associated with a stock generally gives traders a look of just how dangerous and/or potentially profitable a an investment option may be. Below are some of the key ratios to consider when digging into PHUN.

Short Ratio – The short ratio is a measure of short interest. As the short ratio climbs, it shows that more investors have a belief that the stock is going to tumble. Throughout the sector, strong tech stocks tend to carry a lower short ratio. On the other hand, we tend to see a lot of short squeezes in the industry. Nonetheless, when it comes to Phunware Inc., the stock’s short ratio is 0.15.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Essentially, they measure the company’s abilities to pay for its debts when they come due with only current assets or quick assets. Because in tech, several companies are heavily reliant on the continuation of investor support as they work to bring new technologies to market, the current and quick ratios can be bad. However, several good picks in the technology industry do have good current and quick ratios. As it relates to PHUN, the quick and current ratios add up to 0.00 and 0.00 respectively.  

Book To Share Value – The book to share value compares the the price of shares to the current book value of assets owned by the company. when it comes to Phunware Inc., the book to share value ratio comes in at 1.77.

Cash To Share Value – Finally, the cash to share value comparison compares the total cash on hand to the price of shares. As it relates to PHUN, the cash to share value ratio works out to 0.00.

Big Money And Phunware Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in PHUN, here’s what we’re seeing:

  • Institutions – Currently, institutions hold 16.70% of PHUN. Nonetheless, it is important to consider that the ownership held by institutions has moved in the amount of 0 throughout the last 3 months.
  • Insider Moves – with regard to insiders, those close to the situation currently hold 2.40% of Phunware Inc.. Their ownership of the company has changed in the amount of 0 throughout the last quarter.

What Analysts Say About Phunware Inc.

Although it’s rarely a smart idea to avoid doing your due diligence and blindly following the thoughts of analysts, it is a smart idea to use their thoughts to validate your own due diligence before making investment decisions in the technology industry. Below are the recent moves that we have seen from analysts with regard to PHUN.

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What We’ve Seen In Financial Results

What have ween seen from PHUN in terms of financial results?Here’s what we’ve seen and what’s coming:

  • Analyst Expectations – As it stands, Wall Street analysts have expectations that PHUN will create EPS that totals up to be 0, with 0 to be reported in the next financial report. Although this data is not based on earnings, because we are talking about analysts, Phunware Inc. is presently graded as a 0 on a scale from 1 to 5 on which 1 is the worst possible Wall Street analyst grade and 5 is the best possible rating.
  • 5-Year Sales – In the past half decade, Phunware Inc. has generated a change in sales that adds up to 0. EPS through the past half decade have seen movement in the amount of 0.
  • Q/Q – when it comes to quarter over quarter earnings performance, or Q/Q data as it is commonly referred to as in today’s society, the company has created a change in earnings that amounts to -242.20%. Phunware Inc. has also moved the needle in regard to sales volume in the amount of 26.60%.

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 36.85M 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 23.45M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to PHUN, the short percent of the float is 0.18%.

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