Coupang Inc (NYSE: CPNG) on Friday, soared 11.49% from the previous trading day, before settling in for the closing price of $19.06. Within the past 52 weeks, CPNG’s price has moved between $13.51 and $19.99.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 45.92%. The company achieved an average annual earnings per share of -62.80%. With a float of $1.17 billion, this company’s outstanding shares have now reached $1.62 billion.
Let’s determine the extent of company efficiency that accounts for 78000 employees.
Coupang Inc (CPNG) Breakdown of a Key Holders of the stock
Observing investor behavior towards Internet Retail industry stocks is more important than anything else. The insider ownership of Coupang Inc is 34.58%, while institutional ownership is 50.18%. The most recent insider transaction that took place on Mar 18 ’24, was worth 2,538,210. In this transaction an insider of this company sold 139,080 shares at a rate of $18.25, taking the stock ownership to the 394,192 shares. Before that another transaction happened on Mar 14 ’24, when Company’s Director sold 1,600,000 for $18.68, making the entire transaction worth $29,894,831. This insider now owns 48,006,135 shares in total.
Coupang Inc (CPNG) Recent Fiscal highlights
As on 12/31/2023, Multinational firm has announced its last quarter scores, in which it reported $0.08 earnings per share (EPS) for the period topping the consensus outlook (set at $0.06) by $0.02. 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 -62.80% per share during the next fiscal year.
Coupang Inc (NYSE: CPNG) Trading Performance Indicators
Coupang Inc (CPNG) is currently performing well based on its current performance indicators. A quick ratio of 0.90 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 1.56. Likewise, its price to free cash flow for the trailing twelve months is 21.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.75, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.59 in one year’s time.
Technical Analysis of Coupang Inc (CPNG)
Looking closely at Coupang Inc (NYSE: CPNG), its last 5-days average volume was 21.14 million, which is a jump from its year-to-date volume of 12.91 million. As of the previous 9 days, the stock’s Stochastic %D was 90.27%. Additionally, its Average True Range was 0.69.
During the past 100 days, Coupang Inc’s (CPNG) raw stochastic average was set at 97.73%, which indicates a significant increase from 95.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.75% in the past 14 days, which was higher than the 39.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.32, while its 200-day Moving Average is $17.05. However, in the short run, Coupang Inc’s stock first resistance to watch stands at $21.64. Second resistance stands at $22.02. The third major resistance level sits at $22.62. If the price goes on to break the first support level at $20.66, it is likely to go to the next support level at $20.06. Now, if the price goes above the second support level, the third support stands at $19.68.
Coupang Inc (NYSE: CPNG) Key Stats
Market capitalization of the company is 38.11 billion based on 1,793,318K outstanding shares. Right now, sales total 24,383 M and income totals 1,360 M. The company made 6,561 M in profit during its latest quarter, and 1,033 M in sales during its previous quarter.
