Currently, there are 1.62B common shares owned by the public and among those 1.19B shares have been available to trade.
The company’s stock has a 5-day price change of 4.55% and 3.70% over the past three months. CPNG shares are trading 42.06% year to date (YTD), with the 12-month market performance up to 24.19% higher. It has a 12-month low price of $13.51 and touched a high of $23.99 over the same period. CPNG has an average intraday trading volume of 7.12 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.74%, 6.49%, and 19.29% respectively.
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
Institutional ownership of Coupang Inc (NYSE: CPNG) shares accounts for 55.16% of the company’s 1.62B shares outstanding.
It has a market capitalization of $41.26B and a beta (3y monthly) value of 1.07. The stock’s trailing 12-month PE ratio is 39.63, while the earnings-per-share (ttm) stands at $0.58. The company has a PEG of 56.61 and a Quick Ratio of 0.87 with the debt-to-equity ratio at 0.96. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.68% over the week and 3.47% over the month.
Earnings per share for the fiscal year are expected to decrease by -100.86%, and 8424.47% over the next financial year.
Looking at the support for the CPNG, a number of firms have released research notes about the stock. CLSA stated their Outperform rating for the stock in a research note on September 04, 2024, with the firm’s price target at $18-$31. UBS coverage for the Coupang Inc (CPNG) stock in a research note released on May 16, 2024 offered a Buy rating with a price target of $26. BofA Securities was of a view on May 03, 2024 that the stock is Buy, while Citigroup gave the stock Buy rating on April 15, 2024, issuing a price target of $19- $26. Deutsche Bank on their part issued Buy rating on February 29, 2024.
