Coursera Inc (NYSE:COUR) saw an upside of 3.07% to close Friday at $18.11 after adding $0.54 on the day. The 5-day average trading volume is 1,122,060 shares of the company’s common stock. It has gained $19.00 in the past week and touched a new high 1 time within the past 5 days. An average of 1,376,415 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,347,520.
COUR’s 1-month performance is 8.12% or $1.71 on its low of $16.25 reached on 08/23/23. The company’s shares have touched a 52-week low of $9.81 and high of $19.00, with the stock’s rally to the 52-week high happening on 09/18/23. YTD, COUR has achieved 53.09% or $6.28 and has reached a new high 29 times. However, the current price is down -4.68% from the 52-week high price.
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Insider Transactions
COUR stock investors last saw insider trading activity on Sep 20.Ng Andrew Y. (Director) most recently sold 25,000 shares at $18.31 per share on Sep 20. This transaction cost the insider $457,742. VP, Accounting, and CAO, Meyers Michele M, sold 1,646 shares at a price of $18.31 on Sep 20. Then, on Sep 19, Director Ng Andrew Y. sold 50,000 shares at a price of $18.24 per share. This transaction amounted to $911,925.
Valuation Metrics
COUR stock has a beta of 1.70. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.67 while the price-to-book (PB) in the most recent quarter is 4.33.
Coursera Inc’s quick ratio for the period ended June 29 was 2.85, with the current ratio over the same period at 2.85. In terms of profitability, the gross margin trailing 12 months is 57.36%. The trailing 12-month EBITDA margin is -28.40% while for the period ending June 29, Coursera Inc’s operating margin was -28.54%. The firm’s gross profit as reported stood at $331.48 million against revenue of $523.76 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -55.42% to -$31.74 million, while revenue of -$32.36 million was -1.95% off the previous quarter. Analysts expected COUR to announce -$0.1 per share in earnings in its latest quarter, but it posted $0, representing a 100.00% surprise. EBITDA for the quarter stood at more than -$37.44 million. COUR stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 292.23 million, with total debt at $10.31 million. Shareholders hold equity totaling $149.69 million.
Let’s look briefly at Coursera Inc (COUR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 55.44% to suggest the stock is trending Neutral, with historical volatility in this time period at 34.03%.
The stock’s 5-day moving average is $18.16, reflecting a -0.60% or -$0.11 change from its current price. COUR is currently trading +9.89% above its 20-day SMA, +53.21% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +33.26% and SMA200 by+36.89%.
Stochastic %K and %D was 39.37% and 50.58% and the average true range (ATR) pointed at 0.54. The RSI (14) points at 59.38%, while the 14-day stochastic is at 47.02% with the period’s ATR at 0.54. The stock’s 9-day MACD Oscillator is pointing at -0.23 and -0.22 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Coursera Inc (NYSE: COUR), Cantor Fitzgerald upgraded it to an Overweight rating. They previously had a Neutral rating on the stock.
