Coupang Inc. (NYSE:CPNG) saw a downside of -2.26% to close Friday at $27.22 after subtracting -$0.63 on the day. The 5-day average trading volume is 8,886,220 shares of the company’s common stock. It has gained $29.11 in the past week. An average of 10,872,905 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 10,208,234.
CPNG’s 1-month performance is -13.01% or -$4.07 on its low of $26.89 reached on 10/01/21. The company’s shares have touched a 52-week low of $27.56 and high of $69.00. YTD, CPNG has lost -44.73%. However, the current price is down -60.55%% from the 52-week high price.
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On Sep 14, 20 days have gone by since the last insider trading activity for Coupang Inc. (CPNG). SVF Investments (UK) Ltd (10% Owner) most recently sold 57,000,000 shares at $29.68 per share on Sep 14. This transaction cost the insider $1,692,045,000. Chief Accounting Officer, Parker Michael, sold 50,000 shares at a price of $32.86 on Aug 18. Then, on Aug 16, Chief Financial Officer Anand Gaurav sold 160,000 shares at a price of $33.33 per share. This transaction amounted to $5,332,800.
Coupang Inc. (CPNG) has a trailing price-to-earnings (P/E) ratio of 17.99 for the broader industry and 29.82 for the sector, meaning that investors are optimistic about the stock’s future prospects.CPNG stock has a beta of 0.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.09 while the price-to-book (PB) in the most recent quarter is 16.91.
Coupang Inc.’s quick ratio for the period ended June 29 was 1.10, with the current ratio over the same period at 1.30 meaning that CPNG stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.00, while the total debt to equity was 0.23. In terms of profitability, the gross margin trailing 12 months is 17.10%The trailing 12-month EBITDA margin is -3.34%. The firm’s gross profit as reported stood at $1.99 billion against revenue of $11.97 billion.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected CPNG to announce -$0.15 per share in earnings in its latest quarter, but it posted -$0.13, representing a 13.30% surprise. EBITDA for the quarter stood at more than -$468.0 million. CPNG stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 5.77 billion, with total debt at $1.97 billion. Shareholders hold equity totaling $1.74 billion
Let’s look briefly at Coupang Inc. (CPNG) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 01 October was 29.94% to suggest the stock is trending oversold, with historical volatility in this time period at 25.89%.
The stock’s 5-day moving average is $28.04, reflecting a -3.85% or -$1.09 change from its current price. CPNG is currently trading -8.81% above its 20-day SMA, -24.91% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -29.41%.
Stochastic %K and %D was 10.63% and 11.57% and the average true range (ATR) pointed at 1.06. The RSI (14) points at 33.24%, while the 14-day stochastic is at 9.97% with the period’s ATR at 1.17. The stock’s 9-day MACD Oscillator is pointing at -0.56 and -0.98 on the 14-day charts.
In the most recent analyst report for Coupang Inc. (NYSE: CPNG), Daiwa Securities upgraded it to a Buy rating. They previously had an Outperform rating on the stock. Analysts offering their rating for CPNG stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate CPNG as a “sell,”, while 5 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 5 have offered a “buy” rating.
What is CPNG’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $37.00 and a high of $61.00, with their median price target at $43.00. Looking at these predictions, the average price target given by analysts is for Coupang Inc. (CPNG) stock is $44.82.