Investors Should Take Note Of Groupon Inc (GRPN)

Groupon Inc (GRPN) concluded trading on Wednesday at a closing price of $8.26, with 8.15 million shares of worth about $67.34 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -50.36% during that period and on November 13, 2024 the price saw a loss of about -27.03%. Currently the company’s common shares owned by public are about 31.85M shares, out of which, 21.03M shares are available for trading.

Stock saw a price change of -22.95% in past 5 days and over the past one month there was a price change of -23.23%. Year-to-date (YTD), GRPN shares are showing a performance of -35.67% which decreased to -14.40% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.52 but also hit the highest price of $19.56 during that period. The average intraday trading volume for Groupon Inc shares is 1.21 million. The stock is currently trading -21.14% below its 20-day simple moving average (SMA20), while that difference is down -21.97% for SMA50 and it goes to -38.92% lower than SMA200.

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Groupon Inc (NASDAQ: GRPN) currently have 31.85M outstanding shares and institutions hold larger chunk of about 43.45% of that.

The stock has a current market capitalization of $328.27M and its 3Y-monthly beta is at 1.77. It has posted earnings per share of -$1.15 in the same period. It has Quick Ratio of 0.93 while making debt-to-equity ratio of 5.82. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GRPN, volatility over the week remained 7.86% while standing at 5.99% over the month.

Stock’s fiscal year EPS is expected to rise by 152.56% while it is estimated to increase by 18.29% in next year. EPS is likely to grow at an annualized rate of 8.48% for next 5-years, compared to annual growth of -35.30% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Northland Capital on July 10, 2024 offering an Outperform rating for the stock and assigned a target price of $22 to it. Coverage by ROTH MKM stated Groupon Inc (GRPN) stock as a Buy in their note to investors on October 13, 2023, suggesting a price target of $30 for the stock. Stock get a Neutral rating from JP Morgan on March 01, 2021.

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