How to Buy Phunware Stock
Phunware Inc
Phunware, Inc. , together with its subsidiaries, offers 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.
Phunware stock last closed at $6.38, up 3.91% from the previous day, and has decreased 77.25% in one year. It has underperformed other stocks in the Software - Application industry by 1.05 percentage points. Phunware stock is currently +82.29% from its 52-week low of $3.50, and -80.96% from its 52-week high of $33.52.
As of Apr 26, 2024, there are 8.03M PHUN shares outstanding. The market value of PHUN is $51.21M. In the last 24 hours, 524,861 PHUN shares were traded.
How to Buy Phunware Stock
Wondering how to invest in Phunware stock? Here's how.
- Figure out where to buy Phunware stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Phunware stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your method of payment and add your info.
- Analyze Phunware stock: The Phunware ticker symbol is PHUN. Is Phunware stock a good investment? Should you buy shares of PHUN? How do PHUN's underlying business fundamentals look? Do top analysts think Phunware is a good buy? Why has PHUN's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if PHUN is a good stock to buy).
- Execute your PHUN buy order: Decide if you will purchase PHUN shares at the current market price or use a limit order to buy PHUN shares at a specific price.
- Keep an eye on your PHUN investment: Create a watchlist to monitor your investment in Phunware shares.
Step 1: Figure out where to buy Phunware stock
You will need a brokerage account to access the NASDAQ market and buy PHUN stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
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- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal info so you can buy PHUN today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start a new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have opened your account on the best stock market app, you need to deposit funds:
Check out the walkthrough below if you need help transferring funds into your brokerage account.
Step 4: Analyze Phunware stock
Once you have identified the best place to buy Phunware stock, it's critical to analyze their stock prior to investing, so you actually understand the risk as well as the upside.
Phunware stock at a glance
Phunware Fundamentals
WallStreetZen was created to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on PHUN's stock page.
Is PHUN stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge PHUN's true value.
You can access more valuation analysis on PHUN's stock here.
PHUN Financial Health Overview
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the PHUN balance sheet.
Negative Health Checks:
- There are more short-term liabilities than short-term assets on the PHUN balance sheet.
- Total PHUN debt is still negative.
- PHUN profit margin has gone down from -780.5% to -1,092.4% in the past year.
- PHUN has cash burn of 18435000. It does not have sufficient cash and short-term investments to cover this.
- PHUN debt to equity ratio of -1.59 is negative.
- PHUN has $4.01M in cash and short term investments. This is not sufficient to cover its annual cash burn of $18.44M.
Is it a good time to buy Phunware stock, according to analysts?
Out of 2 Equities analysts who give recommendations on PHUN, the consensus analyst rating on PHUN is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Phunware stock forecast page.
PHUN Trading Indicators
Is PHUN Growing Revenue?
Last year, PHUN revenue was $4.83M. In the last 5 year, PHUN's revenue has gone up by -30.99% per year. This was slower than the Software - Application industry average of 27.72%.
You can research PHUN's earnings and revenue performance here.
Who is buying/selling PHUN?
In the past 12 months, insiders at PHUN have sold more shares than they have bought.
Troy Lee Reisner, Chief Financial Officer of PHUN, was the latest PHUN insider to buy. They bought $17,514.00 worth of PHUN stock on Mar 14, 2024.
Get more info about who owns PHUN stock here.
Does PHUN provide a stable income stream?
No, Phunware doesn't provide an income stream by paying out dividends.
PHUN Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your PHUN buy order
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open button and your broker will execute the order.
If you want more info about buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your PHUN investment
Now that you own some PHUN shares, you'll want to keep up with your new shares.
Create a watchlist to get notified of the latest news about your PHUN stock.
PHUN Feed
How to Buy Stock in Phunware
To reiterate, here are the 6 steps to buy Phunware stock:
- Figure out where to buy Phunware stock
- Open your brokerage account
- Put funds into your brokerage account
- Analyze Phunware stock
- Execute your PHUN buy order
- Keep an eye on your PHUN investment
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Phunware, create a watchlist on WallStreetZen today.
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