Groupon Inc (NASDAQ: GRPN) is 8.10% higher on its value in year-to-date trading and has touched a low of $8.08 and a high of $19.56 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 GRPN stock was last observed hovering at around $13.32 in the last trading session, with the day’s gains setting it 0.56%.
Currently trading at $13.88, the stock is 10.31% and -4.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.66 million and changing 4.20% at the moment leaves the stock 0.72% off its SMA200. GRPN registered 17.03% gain for a year compared to 6-month loss of -25.01%.
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
The stock witnessed a 4.20% gain in the last 1 month and extending the period to 3 months gives it a -12.37%, and is 5.71% 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 4.67% over the week and 6.92% over the month.
Groupon Inc (GRPN) has around 2213 employees, a market worth around $551.59M and $511.89M in sales. Fwd P/E is 16.72. Profit margin for the company is -7.03%. Distance from 52-week low is 71.78% and -29.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.39%).
The EPS is expected to grow by 204.81% this year
154.0 institutions hold shares in Groupon Inc (GRPN), with institutional investors hold 87.36% of the company’s shares. The shares outstanding are 31.85M, and float is at 20.91M with Short Float at 34.44%. Institutions hold 75.36% of the Float.
The top institutional shareholder in the company is PALE FIRE CAPITAL SE with over 10.18 million shares valued at $155.77 million. The investor’s holdings represent 26.9984 of the GRPN Shares outstanding. As of 2024-06-30, the second largest holder is DIVISADERO STREET CAPITAL MANAGEMENT, LP with 3.44 million shares valued at $52.57 million to account for 9.111 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.65 million shares representing 4.3702 and valued at over $25.21 million, while VANGUARD GROUP INC holds 3.8539 of the shares totaling 1.45 million with a market value of $22.24 million.
Groupon Inc (GRPN) Insider Activity
The most recent transaction is an insider purchase by Harinstein Jason, the company’s Director. SEC filings show that Harinstein Jason bought 15,000 shares of the company’s common stock on Aug 08 ’24 at a price of $10.61 per share for a total of $0.16 million. Following the purchase, the insider now owns 55658.0 shares.
Groupon Inc disclosed in a document filed with the SEC on Aug 05 ’24 that Bass Robert J (Director) sold a total of 4,583 shares of the company’s common stock. The trade occurred on Aug 05 ’24 and was made at $11.35 per share for $52017.0. Following the transaction, the insider now directly holds 0.1 million shares of the GRPN stock.
Still, SEC filings show that on Aug 05 ’24, ROBERT BASS (Director) Proposed Sale 4,583 shares at an average price of $11.35 for $52021.0. The insider now directly holds shares of Groupon Inc (GRPN).
