Groupon Inc’s Market Journey: Closing Weak at 11.22, Down -0.53

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The closing price of Groupon Inc (NASDAQ: GRPN) was $11.22 for the day, down -0.53% from the previous closing price of $11.28. In other words, the price has decreased by -$0.53 from its previous closing price. On the day, 0.73 million shares were traded. GRPN stock price reached its highest trading level at $11.656 during the session, while it also had its lowest trading level at $11.03.

Ratios:

Our analysis of GRPN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 0.65.

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 this company, ROTH MKM on October 13, 2023, initiated with a Buy rating and assigned the stock a target price of $30.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 20 ’23 when Senkypl Dusan bought 137,946 shares for $9.74 per share. The transaction valued at 1,343,427 led to the insider holds 7,040,310 shares of the business.

Senkypl Dusan bought 24,803 shares of GRPN for $235,616 on Nov 17 ’23. The Interim CEO now owns 6,902,364 shares after completing the transaction at $9.50 per share. On Nov 16 ’23, another insider, Senkypl Dusan, who serves as the Interim CEO of the company, bought 160,595 shares for $9.28 each. As a result, the insider paid 1,490,702 and bolstered with 6,877,561 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, GRPN now has a Market Capitalization of 438643680 and an Enterprise Value of 574752000. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85. Its current Enterprise Value per Revenue stands at 1.116 whereas that against EBITDA is 200.123.

Stock Price History:

Over the past 52 weeks, GRPN has reached a high of $19.56, while it has fallen to a 52-week low of $2.89. The 50-Day Moving Average of the stock is -19.20%, while the 200-Day Moving Average is calculated to be -9.85%.

Shares Statistics:

GRPN traded an average of 1.28M shares per day over the past three months and 1181290 shares per day over the past ten days. A total of 31.85M shares are outstanding, with a floating share count of 20.92M. Insiders hold about 46.49% of the company’s shares, while institutions hold 34.91% stake in the company. Shares short for GRPN as of 1713139200 were 4337558 with a Short Ratio of 3.38, compared to 1710460800 on 3354065. Therefore, it implies a Short% of Shares Outstanding of 4337558 and a Short% of Float of 20.07.

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