The stock of Coupang Inc (CPNG) has seen a -0.89% decrease in the past week, with a 5.40% gain in the past month, and a 14.85% flourish in the past quarter. The volatility ratio for the week is 2.22%, and the volatility levels for the past 30 days are at 2.83% for CPNG. The simple moving average for the last 20 days is 2.19% for CPNG’s stock, with a simple moving average of 22.77% for the last 200 days.
Is It Worth Investing in Coupang Inc (NYSE: CPNG) Right Now?
Coupang Inc (NYSE: CPNG) has a higher price-to-earnings ratio of 42.37x compared to its average ratio. CPNG has 36-month beta value of 1.11. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for CPNG is 1.19B, and currently, short sellers hold a 1.36% ratio of that float. The average trading volume of CPNG on October 07, 2024 was 6.71M shares.
CPNG) stock’s latest price update
Coupang Inc (NYSE: CPNG)’s stock price has soared by 1.86 in relation to previous closing price of 24.14. Nevertheless, the company has seen a loss of -0.89% in its stock price over the last five trading days. zacks.com reported 2024-10-02 that Coupang, Inc. (CPNG) concluded the recent trading session at $24.19, signifying a -0.98% move from its prior day’s close.
Analysts’ Opinion of CPNG
Many brokerage firms have already submitted their reports for CPNG stocks, with CLSA repeating the rating for CPNG by listing it as a “Outperform.” The predicted price for CPNG in the upcoming period, according to CLSA is $31 based on the research report published on September 04, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see CPNG reach a price target of $26. The rating they have provided for CPNG stocks is “Buy” according to the report published on May 16th, 2024.
BofA Securities gave a rating of “Buy” to CPNG, setting the target price at $30 in the report published on May 03rd of the current year.
CPNG Trading at 7.96% 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 -2.40% of loss for the given period.
Volatility was left at 2.83%, however, over the last 30 days, the volatility rate increased by 2.22%, as shares surge +11.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.25% upper at present.
During the last 5 trading sessions, CPNG fell by -0.89%, which changed the moving average for the period of 200-days by +52.26% in comparison to the 20-day moving average, which settled at $24.19. In addition, Coupang Inc saw 51.88% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CPNG starting from Kolari Pranam, who sale 956 shares at the price of $24.23 back on Oct 02 ’24. After this action, Kolari Pranam now owns 163,165 shares of Coupang Inc, valued at $23,164 using the latest closing price.
Pranam Kolari, the affiliate of Coupang Inc, proposed sale 956 shares at $24.23 during a trade that took place back on Oct 02 ’24, which means that Pranam Kolari is holding shares at $23,164 based on the most recent closing price.
Stock Fundamentals for CPNG
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.27 for the gross margin
The net margin for Coupang Inc stands at 0.04. The total capital return value is set at 0.03. Equity return is now at value 31.71, with 8.12 for asset returns.
Based on Coupang Inc (CPNG), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 1.11. The debt to equity ratio resting at 0.51. The interest coverage ratio of the stock is 2.57.
Currently, EBITDA for the company is 1.09 billion with net debt to EBITDA at -3.6. When we switch over and look at the enterprise to sales, we see a ratio of 1.55. The receivables turnover for the company is 49.69for trailing twelve months and the total asset turnover is 1.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.12.
Conclusion
To put it simply, Coupang Inc (CPNG) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
