$1.16M in average volume shows that Groupon Inc (GRPN) is heading in the right direction

Groupon Inc (NASDAQ: GRPN) kicked off on Monday, up 7.30% from the previous trading day, before settling in for the closing price of $10.96. Over the past 52 weeks, GRPN has traded in a range of $8.08-$19.56.

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Communication Services Sector giant saw their annual sales slid by -27.17% over the last five years. While this was happening, its average annual earnings per share was recorded 109.62%. With a float of $21.03 million, this company’s outstanding shares have now reached $31.85 million.

The firm has a total of 2213 workers. Let’s measure their productivity. In terms of profitability, gross margin is 89.12%, operating margin of 4.15%, and the pretax margin is -2.28%.

Groupon Inc (GRPN) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Internet Content & Information Industry. The insider ownership of Groupon Inc is 47.07%, while institutional ownership is 43.39%. The most recent insider transaction that took place on Aug 08 ’24, was worth 159,150. In this transaction Director of this company bought 15,000 shares at a rate of $10.61, taking the stock ownership to the 55,658 shares. Before that another transaction happened on Aug 05 ’24, when Company’s Director sold 4,583 for $11.35, making the entire transaction worth $52,017. This insider now owns 104,731 shares in total.

Groupon Inc (GRPN) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.12 earnings per share (EPS), lower than consensus estimate (set at 0.11) by -0.23. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 109.62% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.48% during the next five years compared to -35.30% drop over the previous five years of trading.

Groupon Inc (NASDAQ: GRPN) Trading Performance Indicators

Take a look at Groupon Inc’s (GRPN) current performance indicators. Last quarter, stock had a quick ratio of 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.92. Likewise, its price to free cash flow for the trailing twelve months is 15.88.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.15, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.98 in one year’s time.

Technical Analysis of Groupon Inc (GRPN)

Analysing the last 5-days average volume posted by the [Groupon Inc, GRPN], we can find that recorded value of 1.08 million was lower than the volume posted last year of 1.24 million. As of the previous 9 days, the stock’s Stochastic %D was 84.80%. Additionally, its Average True Range was 0.63.

During the past 100 days, Groupon Inc’s (GRPN) raw stochastic average was set at 29.44%, which indicates a significant decrease from 98.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.52% in the past 14 days, which was lower than the 75.05% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.70, while its 200-day Moving Average is $13.57. Now, the first resistance to watch is $12.03. This is followed by the second major resistance level at $12.31. The third major resistance level sits at $12.81. If the price goes on to break the first support level at $11.25, it is likely to go to the next support level at $10.75. Should the price break the second support level, the third support level stands at $10.47.

Groupon Inc (NASDAQ: GRPN) Key Stats

The company with the Market Capitalisation of 470.15 million has total of 39,742K Shares Outstanding. Its annual sales at the moment are 514,910 K in contrast with the sum of -55,410 K annual income. Company’s last quarter sales were recorded 124,620 K and last quarter income was -10,040 K.