Market Watch: Groupon Inc (GRPN)’s Noteworthy Gain, Closing at 11.76

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As of close of business last night, Groupon Inc’s stock clocked out at $11.76, up 7.30% from its previous closing price of $10.96. In other words, the price has increased by $7.30 from its previous closing price. On the day, 1.81 million shares were traded. GRPN stock price reached its highest trading level at $11.8 during the session, while it also had its lowest trading level at $11.0201.

Ratios:

To gain a deeper understanding of GRPN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.88. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 5.78 whereas as Long-Term Debt/Eq ratio is at 5.68.

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, Northland Capital on July 10, 2024, initiated with a Outperform rating and assigned the stock a target price of $22.

On October 13, 2023, ROTH MKM started tracking the stock assigning a Buy rating and target price of $30.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 08 ’24 when Harinstein Jason bought 15,000 shares for $10.61 per share. The transaction valued at 159,150 led to the insider holds 55,658 shares of the business.

Bass Robert J sold 4,583 shares of GRPN for $52,017 on Aug 05 ’24. The Director now owns 104,731 shares after completing the transaction at $11.35 per share. On Aug 05 ’24, another insider, ROBERT BASS, who serves as the Director of the company, bought 4,583 shares for $11.35 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GRPN now has a Market Capitalization of 467364768 and an Enterprise Value of 522118048. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92 while its Price-to-Book (P/B) ratio in mrq is 11.61. Its current Enterprise Value per Revenue stands at 1.02 whereas that against EBITDA is 19.806.

Stock Price History:

Over the past 52 weeks, GRPN has reached a high of $19.56, while it has fallen to a 52-week low of $8.08. The 50-Day Moving Average of the stock is 9.90%, while the 200-Day Moving Average is calculated to be -13.31%.

Shares Statistics:

It appears that GRPN traded 1.16M shares on average per day over the past three months and 905470 shares per day over the past ten days. A total of 31.85M shares are outstanding, with a floating share count of 21.03M. Insiders hold about 47.07% of the company’s shares, while institutions hold 43.39% stake in the company. Shares short for GRPN as of 1728950400 were 9258916 with a Short Ratio of 7.95, compared to 1726185600 on 7148957. Therefore, it implies a Short% of Shares Outstanding of 9258916 and a Short% of Float of 37.150002.

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