Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
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
Coupang Inc (NYSE: CPNG) closed the day trading at $21.91 down -3.05% from the previous closing price of $22.60. In other words, the price has decreased by -$3.05 from its previous closing price. On the day, 3.78 million shares were traded. CPNG stock price reached its highest trading level at $22.65 during the session, while it also had its lowest trading level at $21.85.
Ratios:
For a better understanding of CPNG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.52. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.72.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 22 ’24 when GREENOAKS CAPITAL PARTNERS LLC bought 200,000 shares for $22.93 per share. The transaction valued at 4,586,340 led to the insider holds 50,676,224 shares of the business.
GREENOAKS CAPITAL PARTNERS LLC bought 100,000 shares of CPNG for $2,294,980 on Aug 21 ’24. The Director now owns 50,476,224 shares after completing the transaction at $22.95 per share. On Aug 19 ’24, another insider, Sun Benjamin, who serves as the Director of the company, sold 200,000 shares for $23.36 each. As a result, the insider received 4,672,000 and left with 1,969,421 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 40537661440 and an Enterprise Value of 37570064384. As of this moment, Coupang’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.75, and their Forward P/E ratio for the next fiscal year is 41.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 53.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 10.17. Its current Enterprise Value per Revenue stands at 1.382 whereas that against EBITDA is 57.184.
Stock Price History:
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 2.53%, while the 200-Day Moving Average is calculated to be 15.25%.
Shares Statistics:
Over the past 3-months, CPNG traded about 7.11M shares per day on average, while over the past 10 days, CPNG traded about 6177720 shares per day. A total of 1.62B shares are outstanding, with a floating share count of 1.19B. Insiders hold about 33.88% of the company’s shares, while institutions hold 55.33% stake in the company. Shares short for CPNG as of 1723680000 were 21876171 with a Short Ratio of 3.08, compared to 1721001600 on 23514169. Therefore, it implies a Short% of Shares Outstanding of 21876171 and a Short% of Float of 2.1999999999999997.
