Market Insight: Coursera Inc (COUR)’s Notable Drop, Closing at 8.01

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In the latest session, Coursera Inc (NYSE: COUR) closed at $8.01 down -1.72% from its previous closing price of $8.15. In other words, the price has decreased by -$1.72 from its previous closing price. On the day, 1.16 million shares were traded. COUR stock price reached its highest trading level at $8.12 during the session, while it also had its lowest trading level at $7.84.

Ratios:

For a deeper understanding of Coursera 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 1.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.09. For the most recent quarter (mrq), Quick Ratio is recorded 2.52 and its Current Ratio is at 2.52. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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, Telsey Advisory Group on April 30, 2024, Reiterated its Outperform rating but revised its target price to $18 from $25 previously.

On January 19, 2024, Goldman Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $18 to $14.

On October 12, 2023, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $24.BMO Capital Markets initiated its Outperform rating on October 12, 2023, with a $24 target price.

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 Aug 21 ’24 when Ng Andrew Y. sold 25,000 shares for $8.40 per share. The transaction valued at 210,067 led to the insider holds 7,203,892 shares of the business.

Clark Amanda sold 1,562 shares of COUR for $12,857 on Aug 15 ’24. The Director now owns 74,704 shares after completing the transaction at $8.23 per share. On Aug 19 ’24, another insider, Cardenas Alan B, who serves as the SVP, General Counsel of the company, sold 6,285 shares for $8.27 each. As a result, the insider received 52,007 and left with 207,434 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, COUR now has a Market Capitalization of 1278868736 and an Enterprise Value of 550562752. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at 0.817 whereas that against EBITDA is -4.742.

Stock Price History:

Over the past 52 weeks, COUR has reached a high of $21.26, while it has fallen to a 52-week low of $6.35. The 50-Day Moving Average of the stock is 4.15%, while the 200-Day Moving Average is calculated to be -39.68%.

Shares Statistics:

For the past three months, COUR has traded an average of 2.97M shares per day and 1487900 over the past ten days. A total of 155.32M shares are outstanding, with a floating share count of 130.51M. Insiders hold about 16.83% of the company’s shares, while institutions hold 80.78% stake in the company. Shares short for COUR as of 1723680000 were 8790014 with a Short Ratio of 2.96, compared to 1721001600 on 13029298. Therefore, it implies a Short% of Shares Outstanding of 8790014 and a Short% of Float of 8.2100004.

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