At the last check on Thursday, Groupon Inc.’s (NASDAQ:GRPN) stock was up $0.69, moving up 6.27 percent to $11.69. The average number of shares traded per day over the past five days has been 1,953,707 shares. 5 times new highs have been achieved over the past 5 days, with a $4.01 gain in that time frame. In the last twenty days, the average volume was 1,424,827, while in the previous 50 days, it was 1,344,027.
Since last month, GRPN stock rose 58.40%. Shares of the company fell to $6.35 on 07/25/23, the lowest level in the past month. A 52-week high of $13.08 was reached on 08/17/23 after having rallying from a 52-week low of $2.89. Since the beginning of this year, GRPN’s stock price has risen by 36.25% or $3.03, and marked a new high 9 times. However, the stock has declined by -10.63% since its 52-week high.
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GRPN stock investors should be aware that Groupon Inc. (GRPN) stock had its last reported insider trading activity 240 days ago on Dec 20. Barta Jan, the Director of the company, purchased of 6,716,966 shares for $7.28 on Dec 20. It resulted in a $48,899,512 investment by the insider. Barta Jan sold 5,110,558 shares at an average price of $7.28 on Dec 20. The insider now owns 0 shares following the transaction. On Dec 20, Director Barta Jan sold 1,606,408 shares at $7.28 apiece. The transaction was valued at $11,694,650.
Financial Health
In the three months ended June 29, Groupon Inc.’s quick ratio stood at 0.60, while its current ratio was 0.60, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 87.00% percent. In the year ended June 29, EBITDA margin amounted to -7.53%, whereas operating margins totaled -29.30%. Based on annual data, GRPN earned $522.82 million in gross profit and brought in $599.09 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -68.20%. Return on equity (ROE) for the past 12 months was -458.10%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. GRPN’s revenue fell -18.8% to $121.61 million during the quarter, while net income inched up to $128.97 million. While analysts expected Groupon Inc. to report -$0.18 quarterly earnings, the actual figure was -$0.1 per share, beating the consensus estimate by 44.40%. During the quarter, the company generated $8.37 million in EBITDA. The liabilities of Groupon Inc. were 612.06 million at the end of its most recent quarter ended June 29, and its total debt was $293.89 million. The value of shareholders’ equity is $31.25 million.
Technical Picture
This quick technical analysis looks at Groupon Inc.’s (GRPN) price momentum. With a historical volatility rate of 112.45%, the RSI 9-day stood at 84.16% on 16 August.
With respect to its five-day moving average, the current Groupon Inc. price is up by +52.86% percent or $4.01. At present, GRPN shares trade +67.77% above its 20-day simple moving average and +216.35% percent above its 100-day simple moving average. However, the stock is currently trading approximately +89.71% above its SMA50 and +53.17% above its SMA200.
Stochastic coefficient K was 95.14% and Stochastic coefficient D was 91.89%, while ATR was 0.99. Given the Stochastic reading of 98.08% for the 14-day period, the RSI (14) reading has been calculated as 79.29%. As of today, the MACD Oscillator reading stands at 1.71, while the 14-day reading stands at 2.29.
