Stock Market Recap: Groupon Inc (GRPN) Concludes at 17.12, a -4.84 Surge/Decline

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After finishing at $17.99 in the prior trading day, Groupon Inc (NASDAQ: GRPN) closed at $17.12, down -4.84%. In other words, the price has decreased by -$4.84 from its previous closing price. On the day, 1.47 million shares were traded. GRPN stock price reached its highest trading level at $18.47 during the session, while it also had its lowest trading level at $16.97.

Ratios:

Our goal is to gain a better understanding of GRPN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 0.91. In the meantime, Its Debt-to-Equity ratio is 5.66 whereas as Long-Term Debt/Eq ratio is at 5.55.

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:

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 Nov 20 ’23 when Senkypl Dusan bought 137,946 shares for $9.74 per share. The transaction valued at 1,343,427 led to the insider holds 7,040,310 shares of the business.

Senkypl Dusan bought 24,803 shares of GRPN for $235,616 on Nov 17 ’23. The Interim CEO now owns 6,902,364 shares after completing the transaction at $9.50 per share. On Nov 16 ’23, another insider, Senkypl Dusan, who serves as the Interim CEO of the company, bought 160,595 shares for $9.28 each. As a result, the insider paid 1,490,702 and bolstered with 6,877,561 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, GRPN now has a Market Capitalization of 676938560 and an Enterprise Value of 751571648. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 16.21. Its current Enterprise Value per Revenue stands at 1.455 whereas that against EBITDA is 27.549.

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 $7.01. The 50-Day Moving Average of the stock is 8.51%, while the 200-Day Moving Average is calculated to be 24.65%.

Shares Statistics:

The stock has traded on average 1.21M shares per day over the past 3-months and 1008050 shares per day over the last 10 days, according to various share statistics. A total of 31.85M shares are outstanding, with a floating share count of 20.88M. Insiders hold about 47.19% of the company’s shares, while institutions hold 41.55% stake in the company. Shares short for GRPN as of 1721001600 were 7373927 with a Short Ratio of 6.10, compared to 1718323200 on 5357010. Therefore, it implies a Short% of Shares Outstanding of 7373927 and a Short% of Float of 29.830000000000002.

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