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In the latest session, Coupang Inc (NYSE: CPNG) closed at $19.79 down -0.65% from its previous closing price of $19.92. In other words, the price has decreased by -$0.65 from its previous closing price. On the day, 4.43 million shares were traded. CPNG stock price reached its highest trading level at $20.175 during the session, while it also had its lowest trading level at $19.62.
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 6.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.66. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.67.
Citigroup Upgraded its Neutral to Buy on April 15, 2024, whereas the target price for the stock was revised from $19 to $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 Jul 02 ’24 when Kolari Pranam sold 673 shares for $21.13 per share. The transaction valued at 14,220 led to the insider holds 180,788 shares of the business.
Sun Benjamin sold 700,000 shares of CPNG for $14,441,000 on Jun 17 ’24. The Director now owns 2,169,421 shares after completing the transaction at $20.63 per share. On May 30 ’24, another insider, Kang Hanseung, who serves as the Rep Director, Business Mngmt of the company, sold 40,000 shares for $23.00 each. As a result, the insider received 920,000 and left with 544,478 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 35384324096 and an Enterprise Value of 33895278592. As of this moment, Coupang’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.11, and their Forward P/E ratio for the next fiscal year is 36.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 40.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 8.71. Its current Enterprise Value per Revenue stands at 1.319 whereas that against EBITDA is 44.02.
Stock Price History:
The Beta on a monthly basis for CPNG is 1.10, which has changed by 0.09883404 over the last 52 weeks, in comparison to a change of 0.17829525 over the same period for the S&P500. Over the past 52 weeks, CPNG has reached a high of $23.77, while it has fallen to a 52-week low of $13.51. The 50-Day Moving Average of the stock is -8.68%, while the 200-Day Moving Average is calculated to be 7.17%.
Shares Statistics:
For the past three months, CPNG has traded an average of 8.22M shares per day and 5726120 over the past ten days. A total of 1.62B shares are outstanding, with a floating share count of 1.18B. Insiders hold about 34.00% of the company’s shares, while institutions hold 54.98% stake in the company. Shares short for CPNG as of 1721001600 were 23514169 with a Short Ratio of 2.86, compared to 1718323200 on 22947611. Therefore, it implies a Short% of Shares Outstanding of 23514169 and a Short% of Float of 2.3800000000000003.
