A new trading day began on May 22, 2023, with Coupang Inc. (NYSE: CPNG) stock priced at $16.45, down -1.72% from the previous day of trading. During the day, the shares moved up to $16.75 and dropped to $15.98 before settling in for the closing price of $16.29. CPNG’s price has ranged from $10.51 to $21.38 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 53.60% over the past five years. Meanwhile, its annual earnings per share averaged 95.20%. With a float of $1.58 billion, this company’s outstanding shares have now reached $1.77 billion.
Let’s look at the performance matrix of the company that is accounted for 63000 employees. In terms of profitability, gross margin is +22.88, operating margin of -0.54, and the pretax margin is -0.45.
Coupang Inc. (CPNG) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Retail Industry. The insider ownership of Coupang Inc. is 0.20%, while institutional ownership is 80.10%. The most recent insider transaction that took place on May 19, was worth 114,217. In this transaction Director of this company sold 7,143 shares at a rate of $15.99, taking the stock ownership to the 21,428 shares. Before that another transaction happened on May 15, when Company’s Rep Director, Business Mngmt sold 174,324 for $16.00, making the entire transaction worth $2,789,184. This insider now owns 475,743 shares in total.
Coupang Inc. (CPNG) Latest Financial update
In its latest quarterly report, released on 3/30/2023, the company reported earnings of $0.05 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -0.45 while generating a return on equity of -4.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 95.20% per share during the next fiscal year.
Coupang Inc. (NYSE: CPNG) Trading Performance Indicators
Here are Coupang Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.31. Likewise, its price to free cash flow for the trailing twelve months is 63.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.12, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.52 in one year’s time.
Technical Analysis of Coupang Inc. (CPNG)
Coupang Inc. (NYSE: CPNG) saw its 5-day average volume 8.28 million, a positive change from its year-to-date volume of 7.23 million. As of the previous 9 days, the stock’s Stochastic %D was 24.16%. Additionally, its Average True Range was 0.65.
During the past 100 days, Coupang Inc.’s (CPNG) raw stochastic average was set at 57.33%, which indicates a significant increase from 15.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.71% in the past 14 days, which was lower than the 42.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.65, while its 200-day Moving Average is $16.71. Nevertheless, the first resistance level for the watch stands at $16.51 in the near term. At $17.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.28. If the price goes on to break the first support level at $15.74, it is likely to go to the next support level at $15.48. The third support level lies at $14.97 if the price breaches the second support level.
Coupang Inc. (NYSE: CPNG) Key Stats
With a market capitalization of 27.96 billion, the company has a total of 1,778,867K Shares Outstanding. Currently, annual sales are 20,583 M while annual income is -92,040 K. The company’s previous quarter sales were 5,801 M while its latest quarter income was 90,860 K.
