November 20, 2023, Coupang Inc (NYSE: CPNG) trading session started at the price of $16.10, that was 1.87% jump from the session before. During the day, the shares moved up to $16.43 and dropped to $16.09 before settling in for the closing price of $16.04. A 52-week range for CPNG has been $12.66 – $20.25.
Annual sales at Consumer Cyclical sector company grew by 52.79% over the past five years. When this article was written, the company’s average yearly earnings per share was at 602.85%. With a float of $1.14 billion, this company’s outstanding shares have now reached $1.60 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Coupang Inc stocks. The insider ownership of Coupang Inc is 36.47%, while institutional ownership is 47.10%. The most recent insider transaction that took place on Oct 02, was worth 79,207. In this transaction an insider of this company sold 4,673 shares at a rate of $16.95, taking the stock ownership to the 254,530 shares. Before that another transaction happened on Sep 05, when Company’s insider sold 939 for $18.99, making the entire transaction worth $17,832. This insider now owns 259,203 shares in total.
Coupang Inc (CPNG) Latest Financial update
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 7.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 602.85% per share during the next fiscal year.
Coupang Inc (NYSE: CPNG) Trading Performance Indicators
You can see what Coupang Inc (CPNG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.26. Likewise, its price to free cash flow for the trailing twelve months is 16.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.24, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.44 in one year’s time.
Technical Analysis of Coupang Inc (CPNG)
Coupang Inc (NYSE: CPNG) saw its 5-day average volume 9.36 million, a positive change from its year-to-date volume of 7.58 million. As of the previous 9 days, the stock’s Stochastic %D was 63.68%. Additionally, its Average True Range was 0.55.
During the past 100 days, Coupang Inc’s (CPNG) raw stochastic average was set at 28.57%, which indicates a significant decrease from 66.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.84% in the past 14 days, which was higher than the 36.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.09, while its 200-day Moving Average is $16.64. Nevertheless, the first resistance level for the watch stands at $16.48 in the near term. At $16.63, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.82. If the price goes on to break the first support level at $16.14, it is likely to go to the next support level at $15.95. The third support level lies at $15.80 if the price breaches the second support level.
Coupang Inc (NYSE: CPNG) Key Stats
There are 1,787,787K outstanding shares of the company, which has a market capitalization of 29.21 billion. As of now, sales total 20,583 M while income totals -92,040 K. Its latest quarter income was 6,184 M while its last quarter net income were 91,300 K.