Phreesia Inc (PHR) saw downtrend of -0.15% in the recent trading with $20.30 being its most recent. The current price level -30.37% lower than the highest price of $29.16 marked by the stock while trading over the past 52-weeks, whereas it is 39.57% higher than the lowest price of $14.55 the company dropped to over past 52-weeks. The latest news story on PHR appeared in (Business Wire) under the title “Phreesia Named to The Software Reports Top 100 Software Companies for the Third Consecutive Year”.
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Squeezing the time span to 30 day period shows us the stock is currently trading -9.78% below one month high and is +18.92% above of the lowest during that time. Looking into the simple moving average, Phreesia Inc (PHR)’s stock stands at a SMA-50 of $20.56 while that of 5-day is reading $19.97.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and PHR’s SMA-200 as of now is $22.37.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 11 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.31 for the stock.
Phreesia Inc Earnings – What Happened With PHR
Coming around sales and income figures on PHR Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
PHR – Phreesia Inc Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 56.35 million. PHR does have institutional investors; and they hold 96.37% of the stock.
Phreesia Inc – Insider Activity and Holdings
As on 2024-06-30, FMR LLC was the top most holder in Phreesia Inc (NYSE:PHR) with an ownership of 6.74 million shares of the company or 11.8967 of the stake worth $142.92 million. The filing also reveals BROWN ADVISORY INC as the second largest holder in the company with a control over 10.1791 of the outstanding shares. Its stake is worth $122.28 million for having 5.77 million shares in hand.
BLACKROCK INC. also came holding a key position in the company during the recent quarter and it now holds 8.9923 of the outstanding shares. With this there are now 292.0 institutions which have possession in PHR’s shares.
Currently, the stock has been recommended as Strong Buy by 11 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.31 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Phreesia Inc has a debt to equity ratio of 0.07.
Technical Analysis of Phreesia Inc (NYSE:PHR) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Phreesia Inc (PHR), we notice that the stock’s 20-day average volume is at 428,550 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 383,580 shares. And to end, PHR’s 100-day average volume is 390,431 shares with 100% of the long-term indicators pointing towards Sell for the stock.
