Market Insight: Coupang Inc (CPNG)’s Notable Gain, Closing at 21.37

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall 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 $21.37 up 0.14% from its previous closing price of $21.34. In other words, the price has increased by $0.14 from its previous closing price. On the day, 3.64 million shares were traded. CPNG stock price reached its highest trading level at $21.49 during the session, while it also had its lowest trading level at $21.025.

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 6.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.62. 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 38155706368 and an Enterprise Value of 36720300032. As of this moment, Coupang’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.35, and their Forward P/E ratio for the next fiscal year is 38.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 43.36. 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 9.40. Its current Enterprise Value per Revenue stands at 1.429 whereas that against EBITDA is 47.689.

Stock Price History:

The Beta on a monthly basis for CPNG is 1.09, which has changed by 0.20394361 over the last 52 weeks, in comparison to a change of 0.24919295 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 -3.13%, while the 200-Day Moving Average is calculated to be 17.08%.

Shares Statistics:

For the past three months, CPNG has traded an average of 10.61M shares per day and 6187220 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 51.34% stake in the company. Shares short for CPNG as of 1718323200 were 22947611 with a Short Ratio of 2.16, compared to 1715731200 on 28016458. Therefore, it implies a Short% of Shares Outstanding of 22947611 and a Short% of Float of 2.32.

Most Popular