Phreesia Inc (NYSE:PHR) shares, rose in value on Friday, March 28, with the stock price down by -4.31% to the previous day’s close as strong demand from buyers drove the stock to $26.00.
Actively observing the price movement in the last trading, the stock closed the session at $27.17, falling within a range of $25.485 and $27.4182. The value of beta (5-year monthly) was 1.028. Referring to stock’s 52-week performance, its high was $30.53, and the low was $17.07. On the whole, PHR has fluctuated by -3.88% over the past month.
With the market capitalization of Phreesia Inc currently standing at about $1.53 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-11.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 477.11M, with a low estimate of 113.86M and a high estimate of 116.98M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 115.13M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PHR’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of PHR currently trading nearly 0.11% and -4.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.10, while the 7-day volatility ratio is showing 4.01% which for the 30-day chart, stands at 5.46%. Furthermore, Phreesia Inc (PHR)’s beta value is 0.80, and its average true range (ATR) is 1.32.
A comparison of Phreesia Inc (PHR) with its peers suggests the former has fared considerably weaker in the market. PHR showed an intraday change of -4.31% in last session, and over the past year, it grew by 9.70%%.
Data on historical trading for Phreesia Inc (NYSE:PHR) indicates that the trading volumes over the past 10 days have averaged 0.59 and over the past 3 months, they’ve averaged 448.09K. According to company’s latest data on outstanding shares, there are 58.73 million shares outstanding.
Nearly 8.49% of Phreesia Inc’s shares belong to company insiders and institutional investors own 93.02% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.86 million shares as on 2025-03-14, resulting in a short ratio of 3.63. According to the data, the short interest in Phreesia Inc (PHR) stood at 383.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 2.5 million. The stock has risen by 3.34% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PHR stock heading into the next quarter.
