Phunware, Inc. (NASDAQ:PHUN – Get Free Report)’s share price was down 1.6% during mid-day trading on Monday . The stock traded as low as $6.01 and last traded at $6.20. Approximately 280,955 shares changed hands during trading, a decline of 92% from the average daily volume of 3,648,623 shares. The stock had previously closed at $6.30.
Analyst Ratings Changes
PHUN has been the subject of a number of recent research reports. HC Wainwright lifted their price target on shares of Phunware to $12.00 and gave the stock a “buy” rating in a report on Wednesday, March 13th. Ascendiant Capital Markets lowered their price objective on Phunware from $75.00 to $25.00 and set a “buy” rating for the company in a research report on Monday, April 1st. Finally, Roth Mkm reiterated a “buy” rating and set a $20.00 target price (down from $25.00) on shares of Phunware in a research report on Wednesday, March 13th.
Read Our Latest Analysis on Phunware
Phunware Price Performance
Phunware Company Profile
Phunware, Inc, together with its subsidiaries, provides integrated software platform that equips companies with the products, solutions, and services to engage, manage, and monetize their mobile application portfolios in the United States and internationally. The company's products and services include mobile software and application transaction solutions comprise integration of software development kit (SDK) licenses, which consists of analytics that offers data related to application use and engagement; content management that allows application administrators to create and manage app content in a cloud-based portal; alerts, notifications, and messaging, which enables brands to send messages; marketing automation that enables location-triggered messages and workflow; advertising; and location-based services, such as mapping, navigation, wayfinding, workflow, asset management, and policy enforcement.
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