The stock of Coupang Inc (CPNG) has gone up by 6.73% for the week, with a -7.42% drop in the past month and a -12.39% drop in the past quarter. The volatility ratio for the week is 1.85%, and the volatility levels for the past 30 days are 3.28% for CPNG. The simple moving average for the past 20 days is -0.69% for CPNG’s stock, with a -1.80% simple moving average for the past 200 days.
Is It Worth Investing in Coupang Inc (NYSE: CPNG) Right Now?
Coupang Inc (NYSE: CPNG) has a price-to-earnings ratio of 68.45x that is above its average ratio. Additionally, the 36-month beta value for CPNG is 1.26.
The average price predicted by analysts for CPNG is $21.39, which is $5.05 above the current price. The public float for CPNG is 1.14B and currently, short sellers hold a 1.60% ratio of that float. The average trading volume of CPNG on November 21, 2023 was 7.08M shares.
CPNG) stock’s latest price update
Coupang Inc (NYSE: CPNG)’s stock price has increased by 1.87 compared to its previous closing price of 16.04. However, the company has seen a 6.73% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-11-17 that Stock Strategist Andrew Rocco divulges valuable insights from the world’s best and brightest investors.
Analysts’ Opinion of CPNG
Many brokerage firms have already submitted their reports for CPNG stocks, with Deutsche Bank repeating the rating for CPNG by listing it as a “Hold.” The predicted price for CPNG in the upcoming period, according to Deutsche Bank is $20 based on the research report published on August 09, 2023 of the current year 2023.
CPNG Trading at -4.68% from the 50-Day Moving Average
After a stumble in the market that brought CPNG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.31% of loss for the given period.
Volatility was left at 3.28%, however, over the last 30 days, the volatility rate increased by 1.85%, as shares sank -7.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.54% lower at present.
During the last 5 trading sessions, CPNG rose by +6.73%, which changed the moving average for the period of 200-days by +0.93% in comparison to the 20-day moving average, which settled at $16.39. In addition, Coupang Inc saw 11.08% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CPNG starting from Kim Tae Jung, who sale 4,673 shares at the price of $16.95 back on Oct 02. After this action, Kim Tae Jung now owns 254,530 shares of Coupang Inc, valued at $79,207 using the latest closing price.
Kim Tae Jung, the of Coupang Inc, sale 939 shares at $18.99 during a trade that took place back on Sep 05, which means that Kim Tae Jung is holding 259,203 shares at $17,832 based on the most recent closing price.
Stock Fundamentals for CPNG
Current profitability levels for the company are sitting at:
- -0.54 for the present operating margin
- +22.88 for the gross margin
The net margin for Coupang Inc stands at -0.45. The total capital return value is set at -2.46, while invested capital returns managed to touch -2.35. Equity return is now at value 16.84, with 4.36 for asset returns.
Based on Coupang Inc (CPNG), the company’s capital structure generated 99.50 points at debt to equity in total, while total debt to capital is 49.87. Total debt to assets is 25.25, with long-term debt to equity ratio resting at 73.39. Finally, the long-term debt to capital ratio is 36.79.
When we switch over and look at the enterprise to sales, we see a ratio of 1.18, with the company’s debt to enterprise value settled at 0.10. The receivables turnover for the company is 114.41 and the total asset turnover is 2.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.15.
In conclusion, Coupang Inc (CPNG) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.