Coupang Inc (NYSE: CPNG) is 39.04% higher on its value in year-to-date trading and has touched a low of $13.51 and a high of $22.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CPNG stock was last observed hovering at around $21.65 in the last trading session, with the day’s gains setting it 0.86%.
Currently trading at $22.51, the stock is 21.26% and 28.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 26.6 million and changing 3.97% at the moment leaves the stock 31.82% off its SMA200. CPNG registered 40.42% gain for a year compared to 6-month gain of 28.34%.
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The stock witnessed a 24.16% loss in the last 1 month and extending the period to 3 months gives it a 46.74%, and is 18.35% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.32% over the week and 3.19% over the month.
Coupang Inc (CPNG) has around 78000 employees, a market worth around $40.37B and $24.38B in sales. Current P/E ratio is 29.94 and Fwd P/E is 36.57. Profit margin for the company is 5.57%. Distance from 52-week low is 66.62% and 0.09% from its 52-week high. The company has generated returns on investments over the last 12 months (22.64%).
The EPS is expected to shrink by -61.51% this year.
Coupang Inc (CPNG) Top Institutional Holders
The shares outstanding are 1.62B, and float is at 1.17B with Short Float at 2.46%.
Coupang Inc (CPNG) Insider Activity
The most recent transaction is an insider sale by Rogers Harold. SEC filings show that Rogers Harold sold 139,080 shares of the company’s common stock on Mar 18 ’24 at a price of $18.25 per share for a total of $2.54 million. Following the sale, the insider now owns 0.39 million shares.
Coupang Inc disclosed in a document filed with the SEC on Mar 14 ’24 that MEHTA NEIL (Director) sold a total of 1,600,000 shares of the company’s common stock. The trade occurred on Mar 14 ’24 and was made at $18.68 per share for $29.89 million. Following the transaction, the insider now directly holds 48.01 million shares of the CPNG stock.
Still, SEC filings show that on Mar 13 ’24, SVF Investments (UK) Ltd (10% Owner) disposed off 15,000,000 shares at an average price of $19.60 for $294.0 million. The insider now directly holds 349,542,259 shares of Coupang Inc (CPNG).
