Phreesia Inc (NYSE: PHR) Jumped 0.33%, But Don’t Be Too Excited

Phreesia Inc (NYSE:PHR) shares, rose in value, with the stock price up by 0.33% to the previous day’s close as strong demand from buyers drove the stock to $23.97.

Actively observing the price movement in the last trading, the stock closed the session at $23.89, falling within a range of $23.0817 and $24.2. The value of beta (5-year monthly) was 0.824. 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 -17.34% over the past month.

With the market capitalization of Phreesia Inc currently standing at about $1.41 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 475.57M, with a low estimate of 113M and a high estimate of 116.98M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 115M.

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% Sell 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 25% Sell.

The stock’s technical analysis shows that the price of PHR currently trading nearly -5.42% and -8.98% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.47, while the 7-day volatility ratio is showing 4.31% which for the 30-day chart, stands at 5.65%. Furthermore, Phreesia Inc (PHR)’s beta value is 0.75, and its average true range (ATR) is 1.45.

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 0.33% in last session, and over the past year, it grew by 4.22%%.

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 494.08K. According to company’s latest data on outstanding shares, there are 58.73 million shares outstanding.

Nearly 8.59% of Phreesia Inc’s shares belong to company insiders and institutional investors own 92.99% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.0 million shares as on 2025-03-31, resulting in a short ratio of 3.46. According to the data, the short interest in Phreesia Inc (PHR) stood at 413.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.06 million. The stock has fallen by -4.73% 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.

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