Is Groupon Inc (NASDAQ: GRPN) Proving The Doubters Wrong?

Groupon Inc (GRPN) concluded trading on Wednesday at a closing price of $11.27, with 3.88 million shares of worth about $43.7 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -21.95% during that period and on December 04, 2024 the price saw a gain of about 18.51%. Currently the company’s common shares owned by public are about 39.76M shares, out of which, 21.88M shares are available for trading.

Stock saw a price change of 23.30% in past 5 days and over the past one month there was a price change of 5.62%. Year-to-date (YTD), GRPN shares are showing a performance of -12.23% which decreased to -5.93% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.75 but also hit the highest price of $19.56 during that period. The average intraday trading volume for Groupon Inc shares is 1.42 million. The stock is currently trading 16.97% above its 20-day simple moving average (SMA20), while that difference is up 12.62% for SMA50 and it goes to -13.61% lower than SMA200.

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

Groupon Inc (NASDAQ: GRPN) currently have 39.76M outstanding shares and institutions hold larger chunk of about 45.07% of that.

The stock has a current market capitalization of $448.18M and its 3Y-monthly beta is at 1.74. PE ratio of stock for trailing 12 months is 23.86, while it has posted earnings per share of $0.47 in the same period. Its PEG reads 2.81 and 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 7.23% while standing at 7.33% over the month.

Stock’s fiscal year EPS is expected to rise by 47.44% while it is estimated to increase by 140.24% 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.

Most Popular

Related Posts