Market Insight: Coupang Inc (CPNG)’s Notable Drop, Closing at 23.97

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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.

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