What Are The Chances Of Coupang Inc (NYSE: CPNG) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that Coupang Partners with the U.S. Department of Commerce to Co-host EMPOWER Asia Webinars to Promote U.S. Exports.

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Stocks Info

As a NYSE listed company, CPNG falls under the Consumer Cyclical sector while operating within the Internet Retail industry segment. At the end of the last regular session, the stock closed at $19.62 and fluctuated between $19.76 as its day high and $18.93 as its day low. The current market capitalization of Coupang Inc is $35.18B. A total of 29.78 million shares were traded on the day, compared to an average of 11.62M shares.

In the most recent transaction, Kang Hanseung sold 48,000 shares of CPNG for 19.25 per share on Mar 12 ’24. After the transaction, the Rep Director, Business Mngmt now owns 519,987 company shares. In a previous transaction on Feb 02 ’24, Kolari Pranam sold 2,356 shares at 13.88 per share. CPNG shares that the insider owns now total 182,844.

Among the insiders who sold shares, Kim Tae Jung disposed of 5,350 shares on Jan 02 ’24 at a per-share price of $16.00. This resulted in the insider holding 248,240 shares of CPNG after the transaction. In another insider transaction, Kim Tae Jung sold 940 shares at $15.50 per share on Dec 04 ’23. Company shares held by the insider now total 253,590.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, CPNG has a high of $19.99 and a low of $12.66.

As of this writing, CPNG has an earnings estimate of $0.06 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.1 per share and a lower estimate of $0.04. The company reported an EPS of $0.05 in the last quarter, which was -28.60% lower than expectations of $0.07.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CPNG’s latest balance sheet shows that the firm has $3.49B in Cash & Short Term Investments as of fiscal 2021. There were $2.12B in debt and $4.74B in liabilities at the time. Its Book Value Per Share was $2.28, while its Total Shareholder’s Equity was $2.18B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CPNG is Buy with a score of 4.22.

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