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In the latest session, Coupang Inc (NYSE: CPNG) closed at $25.38 up 0.79% from its previous closing price of $25.18. In other words, the price has increased by $0.79 from its previous closing price. On the day, 4.03 million shares were traded. CPNG stock price reached its highest trading level at $25.42 during the session, while it also had its lowest trading level at $24.95.
Ratios:
For a deeper understanding of Coupang Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.73. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.72.
On September 04, 2024, CLSA Upgraded its rating to Outperform which previously was Hold and also upped its target price recommendation from $18 to $31.
UBS Upgraded its Neutral to Buy on May 16, 2024, while the target price for the stock was maintained at $26.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 02 ’24 when Kolari Pranam sold 956 shares for $24.23 per share. The transaction valued at 23,164 led to the insider holds 163,165 shares of the business.
Pranam Kolari bought 956 shares of CPNG for $23,164 on Oct 02 ’24. On Aug 22 ’24, another insider, GREENOAKS CAPITAL PARTNERS LLC, who serves as the Director of the company, bought 200,000 shares for $22.93 each. As a result, the insider paid 4,586,340 and bolstered with 50,676,224 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CPNG now has a Market Capitalization of 45524103168 and an Enterprise Value of 43803185152. As of this moment, Coupang’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.73, and their Forward P/E ratio for the next fiscal year is 47.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 62.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67 while its Price-to-Book (P/B) ratio in mrq is 11.78. Its current Enterprise Value per Revenue stands at 1.611 whereas that against EBITDA is 66.672.
Stock Price History:
Over the past 52 weeks, CPNG has reached a high of $26.28, while it has fallen to a 52-week low of $13.51. The 50-Day Moving Average of the stock is 7.11%, while the 200-Day Moving Average is calculated to be 24.13%.
Shares Statistics:
For the past three months, CPNG has traded an average of 6.87M shares per day and 6569010 over the past ten days. A total of 1.62B shares are outstanding, with a floating share count of 1.19B. Insiders hold about 33.81% of the company’s shares, while institutions hold 51.82% stake in the company. Shares short for CPNG as of 1727654400 were 14304212 with a Short Ratio of 2.08, compared to 1724976000 on 17559538. Therefore, it implies a Short% of Shares Outstanding of 14304212 and a Short% of Float of 1.4400001.
