Coursera Inc. (NYSE: COUR) on May 23, 2023, started off the session at the price of $12.28, soaring 1.13% from the previous trading day. During the day, the shares moved up to $12.70 and dropped to $12.19 before settling in for the closing price of $12.36. Within the past 52 weeks, COUR’s price has moved between $9.81 and $17.66.
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The company achieved an average annual earnings per share of 5.60%. With a float of $129.04 million, this company’s outstanding shares have now reached $148.97 million.
Considering the fact that the conglomerate employs 1401 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +63.29, operating margin of -31.93, and the pretax margin is -32.58.
Coursera Inc. (COUR) Insider Activity
Observing investor behavior towards Education & Training Services industry stocks is more important than anything else. The insider ownership of Coursera Inc. is 10.90%, while institutional ownership is 78.60%. The most recent insider transaction that took place on May 17, was worth 599,243. In this transaction Chief Revenue Officer of this company sold 51,874 shares at a rate of $11.55, taking the stock ownership to the 1,105,061 shares. Before that another transaction happened on May 17, when Company’s Chief Operating Officer sold 46,482 for $11.55, making the entire transaction worth $537,002. This insider now owns 953,285 shares in total.
Coursera Inc. (COUR) Earnings and Forecasts
As on 3/30/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.03 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.11) by $0.08. This company achieved a net margin of -33.48 while generating a return on equity of -24.42. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.60% per share during the next fiscal year.
Coursera Inc. (NYSE: COUR) Trading Performance Indicators
Coursera Inc. (COUR) is currently performing well based on its current performance indicators. A quick ratio of 3.20 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.16, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.03 in one year’s time.
Technical Analysis of Coursera Inc. (COUR)
Compared to the last year’s volume of 1.02 million, its volume of 1.5 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 81.31%. Additionally, its Average True Range was 0.58.
During the past 100 days, Coursera Inc.’s (COUR) raw stochastic average was set at 37.98%, which indicates a significant decrease from 89.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.40% in the past 14 days, which was lower than the 62.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.23, while its 200-day Moving Average is $12.34. Nevertheless, the first resistance level for the watch stands at $12.74 in the near term. At $12.97, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.25. If the price goes on to break the first support level at $12.23, it is likely to go to the next support level at $11.95. Should the price break the second support level, the third support level stands at $11.72.
Coursera Inc. (NYSE: COUR) Key Stats
Market capitalization of the company is 1.92 billion based on 150,719K outstanding shares. Right now, sales total 523,760 K and income totals -175,360 K. The company made 147,640 K in profit during its latest quarter, and -32,360 K in sales during its previous quarter.
