The trading price of Coupang Inc (NYSE:CPNG) floating lower at last check on Monday, April 22, closing at $21.92, -0.39% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 29.16. In examining the 52-week price action we see that the stock hit a 52-week high of $22.89 and a 52-week low of $13.51. Over the past month, the stock has gained 19.03% in value.
Coupang Inc, whose market valuation is $39.32 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Coupang Inc No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest CPNG has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
A quick review shows that CPNG’s price is currently 13.18% off the SMA20 and 20.93% off the SMA50. The RSI metric on the 14-day chart is currently showing 73.73, and weekly volatility stands at 4.45%. When measured over the past 30 days, the indicator reaches 3.31%. Coupang Inc (NYSE:CPNG)’s beta value is currently sitting at 1.09, while the Average True Range indicator is currently displaying 0.78.
To see how Coupang Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: CPNG stock’s performance was -0.39% at last check in today’s session, and 39.21% in the past year. Coupang Inc has a P/E ratio of 29.16.
An evaluation of the daily trading volume of Coupang Inc (NYSE:CPNG) indicates that the 3-month average is 14.41 million.
Currently, records show that 1.62 billion of the company’s shares remain outstanding. The insiders hold 34.58% of outstanding shares, whereas institutions hold 50.19%. However, since the stock’s price has seen 35.42% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
