For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
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
In the latest session, Coupang Inc (NYSE: CPNG) closed at $23.97 down -0.91% from its previous closing price of $24.19. In other words, the price has decreased by -$0.91 from its previous closing price. On the day, 7.19 million shares were traded. CPNG stock price reached its highest trading level at $24.27 during the session, while it also had its lowest trading level at $23.825.
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 7.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.38. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.76.
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 Nov 11 ’24 when Kim Bom sold 15,000,000 shares for $22.97 per share. The transaction valued at 344,550,000 led to the insider holds 2,000,000 shares of the business.
GREENOAKS CAPITAL PARTNERS LLC bought 750,000 shares of CPNG for $18,009,975 on Nov 08 ’24. The Director now owns 52,038,723 shares after completing the transaction at $24.01 per share. On Nov 11 ’24, another insider, GREENOAKS CAPITAL PARTNERS LLC, who serves as the Director of the company, bought 687,700 shares for $24.08 each. As a result, the insider paid 16,557,409 and bolstered with 52,726,423 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 43118673920 and an Enterprise Value of 41405661184. As of this moment, Coupang’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.19, and their Forward P/E ratio for the next fiscal year is 46.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 60.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.49 while its Price-to-Book (P/B) ratio in mrq is 10.28. Its current Enterprise Value per Revenue stands at 1.435 whereas that against EBITDA is 56.72.
Stock Price History:
Over the past 52 weeks, CPNG has reached a high of $26.91, while it has fallen to a 52-week low of $13.51. The 50-Day Moving Average of the stock is -4.03%, while the 200-Day Moving Average is calculated to be 10.41%.
Shares Statistics:
For the past three months, CPNG has traded an average of 7.16M shares per day and 12730320 over the past ten days. A total of 1.62B shares are outstanding, with a floating share count of 1.19B. Insiders hold about 34.00% of the company’s shares, while institutions hold 51.35% stake in the company. Shares short for CPNG as of 1730332800 were 13494388 with a Short Ratio of 1.88, compared to 1727654400 on 14304212. Therefore, it implies a Short% of Shares Outstanding of 13494388 and a Short% of Float of 1.35.