A new trading day began on Monday, with Coupang Inc (NYSE: CPNG) stock price remained unchanged from the previous day of tradingbefore settling in for the closing price of $23.95. CPNG’s price has ranged from $13.51 to $24.35 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 45.92%. Meanwhile, its annual earnings per share averaged -100.86%. With a float of $1.19 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. In terms of profitability, gross margin is 26.92%, operating margin of 0.86%, and the pretax margin is 1.29%.
Coupang Inc (CPNG) Insider Activity
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 33.81%, while institutional ownership is 55.15%. The most recent insider transaction that took place on Aug 22 ’24, was worth 4,586,340. In this transaction Director of this company bought 200,000 shares at a rate of $22.93, taking the stock ownership to the 50,676,224 shares. Before that another transaction happened on Aug 21 ’24, when Company’s Director bought 100,000 for $22.95, making the entire transaction worth $2,294,980. This insider now owns 50,476,224 shares in total.
Coupang Inc (CPNG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -100.86% 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 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.58. Likewise, its price to free cash flow for the trailing twelve months is 28.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.58, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.54 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 7.71 million, which is a drop from its year-to-date volume of 10.34 million. As of the previous 9 days, the stock’s Stochastic %D was 84.26%. Additionally, its Average True Range was 0.83.
During the past 100 days, Coupang Inc’s (CPNG) raw stochastic average was set at 93.16%, which indicates a significant increase from 83.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.72% in the past 14 days, which was higher than the 35.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.85, while its 200-day Moving Average is $19.47. However, in the short run, Coupang Inc’s stock first resistance to watch stands at $24.33. Second resistance stands at $24.72. The third major resistance level sits at $25.06. If the price goes on to break the first support level at $23.61, it is likely to go to the next support level at $23.27. Should the price break the second support level, the third support level stands at $22.88.
Coupang Inc (NYSE: CPNG) Key Stats
With a market capitalization of 42.96 billion, the company has a total of 1,787,988K Shares Outstanding. Currently, annual sales are 24,383 M while annual income is 1,360 M. The company’s previous quarter sales were 7,323 M while its latest quarter income was -77,000 K.
