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In the latest session, Coupang Inc (NYSE: CPNG) closed at $24.19 down -0.98% from its previous closing price of $24.43. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 6.55 million shares were traded. CPNG stock price reached its highest trading level at $24.52 during the session, while it also had its lowest trading level at $23.975.
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 7.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.28. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, CLSA on September 04, 2024, Upgraded its rating to Outperform and sets its target price to $31 from $18 previously.
On May 16, 2024, UBS Upgraded its rating to Buy which previously was Neutral but kept the price unchanged 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 Oct 02 ’24 when Pranam Kolari bought 956 shares for $24.23 per share.
GREENOAKS CAPITAL PARTNERS LLC bought 200,000 shares of CPNG for $4,586,340 on Aug 22 ’24. The Director now owns 50,676,224 shares after completing the transaction at $22.93 per share. On Aug 21 ’24, another insider, GREENOAKS CAPITAL PARTNERS LLC, who serves as the Director of the company, bought 100,000 shares for $22.95 each. As a result, the insider paid 2,294,980 and bolstered with 50,476,224 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 43820187648 and an Enterprise Value of 41659707392. As of this moment, Coupang’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.68, and their Forward P/E ratio for the next fiscal year is 44.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 59.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.60 while its Price-to-Book (P/B) ratio in mrq is 11.23. Its current Enterprise Value per Revenue stands at 1.533 whereas that against EBITDA is 63.409.
Stock Price History:
Over the past 52 weeks, CPNG has reached a high of $25.19, while it has fallen to a 52-week low of $13.51. The 50-Day Moving Average of the stock is 6.94%, while the 200-Day Moving Average is calculated to be 21.21%.
Shares Statistics:
For the past three months, CPNG has traded an average of 6.73M shares per day and 5570150 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 51.83% stake in the company. Shares short for CPNG as of 1726185600 were 16142393 with a Short Ratio of 2.40, compared to 1723680000 on 21876171. Therefore, it implies a Short% of Shares Outstanding of 16142393 and a Short% of Float of 1.6199999999999999.
