Coupa Software Incorporated (NASDAQ:COUP) went up by 2.33% from its latest closing price compared to the recent 1-year high of $283.38. The company’s stock price has collected -21.55% of loss in the last five trading sessions. Barron’s reported on 03/15/22 that Coupa Software Stock Plummets After Revenue Forecast Misses Estimates
Is It Worth Investing in Coupa Software Incorporated (NASDAQ :COUP) Right Now?
Plus, the 36-month beta value for COUP is at 1.43. Opinions of the stock are interesting as 10 analysts out of 27 who provided ratings for Coupa Software Incorporated declared the stock was a “buy,” while 2 rated the stock as “overweight,” 13 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $95.81, which is $39.7 above the current price. COUP currently public float of 65.71M and currently shorts hold a 8.13% ratio of that float. Today, the average trading volume of COUP was 2.62M shares.
COUP’s Market Performance
COUP stocks went down by -21.55% for the week, with a monthly drop of -35.78% and a quarterly performance of -51.18%, while its annual performance rate touched -70.50%. The volatility ratio for the week stands at 12.13% while the volatility levels for the past 30 days are set at 8.54% for Coupa Software Incorporated. The simple moving average for the period of the last 20 days is -24.39% for COUP stocks with a simple moving average of -61.05% for the last 200 days.
Analysts’ Opinion of COUP
Many brokerage firms have already submitted their reports for COUP stocks, with Goldman repeating the rating for COUP by listing it as a “Sell.” The predicted price for COUP in the upcoming period, according to Goldman is $64 based on the research report published on May 12th of the current year 2022.
Evercore ISI, on the other hand, stated in their research note that they expect to see COUP reach a price target of $140, previously predicting the price at $75. The rating they have provided for COUP stocks is “Outperform” according to the report published on April 07th, 2022.
Piper Sandler gave a rating of “Neutral” to COUP, setting the target price at $70 in the report published on March 15th of the current year.
COUP Trading at -31.66% from the 50-Day Moving Average
After a stumble in the market that brought COUP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.71% of loss for the given period.
Volatility was left at 8.54%, however, over the last 30 days, the volatility rate increased by 12.13%, as shares sank -37.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -47.31% lower at present.
During the last 5 trading sessions, COUP fell by -21.55%, which changed the moving average for the period of 200-days by -69.84% in comparison to the 20-day moving average, which settled at $85.34. In addition, Coupa Software Incorporated saw -58.23% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at COUP starting from Baratta Maurizio, who sale 385 shares at the price of $104.73 back on Apr 08. After this action, Baratta Maurizio now owns 3,077 shares of Coupa Software Incorporated, valued at $40,321 using the latest closing price.
Glenn Robert, the EVP Global Sales of Coupa Software Incorporated, sale 566 shares at $103.59 during a trade that took place back on Apr 04, which means that Glenn Robert is holding 4,436 shares at $58,631 based on the most recent closing price.
Stock Fundamentals for COUP
Current profitability levels for the company are sitting at:
- -33.59 for the present operating margin
- +49.62 for the gross margin
The net margin for Coupa Software Incorporated stands at -52.26. Equity return is now at value -40.10, with -12.20 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.75.