$Phunware, Inc.(PHUN)$  

Phunware (NASDAQ:PHUN - Get Free Report) had its target price lifted by analysts at HC Wainwright from $7.00 to $9.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has a "buy" rating on the stock. HC Wainwright's price objective would suggest a potential upside of 20.32% from the company's current price.

Phunware Stock Performance

Shares of NASDAQ:PHUN traded up $1.14 during midday trading on Thursday, hitting $7.48. The stock had a trading volume of 10,671,594 shares, compared to its average volume of 2,029,520. Phunware has a 1 year low of $2.85 and a 1 year high of $24.49. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 0.06. The stock has a 50 day moving average price of $3.57 and a two-hundred day moving average price of $5.20.

Phunware (NASDAQ:PHUN - Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported ($0.32) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.37) by $0.05. The business had revenue of $1.01 million during the quarter, compared to analysts' expectations of $1.14 million. During the same quarter in the previous year, the company posted ($3.00) EPS. On average, equities research analysts expect that Phunware will post -1.21 earnings per share for the current year.


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  • henshengqi
    ·10-21 15:27
    Phunware's target price has been raised to $9.00, indicating a potential upside of 20.32%.
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  • 3nn
    ·10-21 20:27
    Sabo
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