Nothing is Better Than Coupang Inc (CPNG) stock at the moment

With 9.49 million shares changed hands, the volume of the stock remained lighter than its average volume of 15.54 million shares. During the session, the Internet Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $22.4775 whereas the lowest price it dropped to was $21.77. The 52-week range on CPNG shows that it touched its highest point at $23.77 and its lowest point at $13.51 during that stretch. It currently has a 1-year price target of $25.77. Beta for the stock currently stands at 1.12.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CPNG was down-trending over the past week, with a drop of -4.80%, but this was up by 4.56% over a month. Three-month performance surged to 48.13% while six-month performance rose 46.47%. The stock gained 35.57% in the past year, while it has gained 37.25% so far this year. A look at the trailing 12-month EPS for CPNG yields 0.70 with Next year EPS estimates of 0.58. For the next quarter, that number is 0.03. This implies an EPS growth rate of -74.23% for this year and 200.71% for next year.

Float and Shares Shorts:

At present, 1.62 billion CPNG shares are outstanding with a float of 1.17 billion shares on hand for trading. On 2024-04-30, short shares totaled 28.17 million, which was 158.00001 higher than short shares on 1711584000. In addition to Mr. Bom Suk Kim as the firm’s Founder, CEO & Chairman, Mr. Gaurav Anand serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.86714 of CPNG’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, CPNG reported revenue of $7114000000.0 and operating income of $40000000.0. The EBITDA in the recently reported quarter was $181000000.0 and diluted EPS was $0.002755.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CPNG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.