The stock of Coursera Inc (NYSE: COUR) has increased by 1.13 when compared to last closing price of 7.07. Despite this, the company has experienced a 10.34% gain in its stock price over the last five trading sessions. investorplace.com reported 2024-06-24 that While the surging equities space following the Covid-19 disaster has worried some critics regarding a potential correction and possible recession, the framework behind futuristic tech stocks presents a clear counterpoint. Yes, it’s unusual that the economy bounced back after a catastrophic disaster.
Is It Worth Investing in Coursera Inc (NYSE: COUR) Right Now?
The 36-month beta value for COUR is at 1.44. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for COUR is 129.74M, and currently, shorts hold a 7.79% of that float. The average trading volume for COUR on July 03, 2024 was 2.63M shares.
COUR’s Market Performance
The stock of Coursera Inc (COUR) has seen a 10.34% increase in the past week, with a -5.92% drop in the past month, and a -47.96% fall in the past quarter. The volatility ratio for the week is 3.87%, and the volatility levels for the past 30 days are at 4.19% for COUR. The simple moving average for the past 20 days is 3.38% for COUR’s stock, with a -53.34% simple moving average for the past 200 days.
Analysts’ Opinion of COUR
Many brokerage firms have already submitted their reports for COUR stocks, with Telsey Advisory Group repeating the rating for COUR by listing it as a “Outperform.” The predicted price for COUR in the upcoming period, according to Telsey Advisory Group is $18 based on the research report published on April 30, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see COUR reach a price target of $14, previously predicting the price at $18. The rating they have provided for COUR stocks is “Sell” according to the report published on January 19th, 2024.
BMO Capital Markets gave a rating of “Outperform” to COUR, setting the target price at $24 in the report published on October 12th of the previous year.
COUR Trading at -15.41% from the 50-Day Moving Average
After a stumble in the market that brought COUR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.37% of loss for the given period.
Volatility was left at 4.19%, however, over the last 30 days, the volatility rate increased by 3.87%, as shares sank -3.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -40.17% lower at present.
During the last 5 trading sessions, COUR rose by +10.34%, which changed the moving average for the period of 200-days by -60.63% in comparison to the 20-day moving average, which settled at $6.90. In addition, Coursera Inc saw -63.09% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at COUR starting from Clark Amanda, who sale 8,093 shares at the price of $7.72 back on May 24 ’24. After this action, Clark Amanda now owns 76,266 shares of Coursera Inc, valued at $62,456 using the latest closing price.
SIMMONS SABRINA, the Director of Coursera Inc, sale 8,093 shares at $7.72 during a trade that took place back on May 24 ’24, which means that SIMMONS SABRINA is holding 37,785 shares at $62,447 based on the most recent closing price.
Stock Fundamentals for COUR
Current profitability levels for the company are sitting at:
- -0.2 for the present operating margin
- 0.52 for the gross margin
The net margin for Coursera Inc stands at -0.16. The total capital return value is set at -0.22. Equity return is now at value -16.35, with -11.22 for asset returns.
Based on Coursera Inc (COUR), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 11.32. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -6.9.
Currently, EBITDA for the company is -145.6 million with net debt to EBITDA at 6.17. When we switch over and look at the enterprise to sales, we see a ratio of 0.6. The receivables turnover for the company is 11.28for trailing twelve months and the total asset turnover is 0.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.67.
Conclusion
In conclusion, Coursera Inc (COUR) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
