Coupang Inc (NYSE:CPNG) shares traded 0.77% higher at $23.58 on Wall Street last session.
CPNG stock price is now 0.66% away from the 50-day moving average and 1.61% away from the 200-day moving average. The market capitalization of the company currently stands at $42.57B.
With the price target maintained at $28.50, Deutsche Bank recently Upgraded its rating from Hold to Buy for Coupang Inc (NYSE: CPNG). On October 07, 2024, Bernstein Upgraded its previous ‘Underperform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $30, while ‘CLSA’ rates the stock as ‘Outperform’
In other news, Sun Benjamin, Director sold 250,000 shares of the company’s stock on Mar 17 ’25. The stock was sold for $5,856,853 at an average price of $23.43. Upon completion of the transaction, the Director now directly owns 1,719,421 shares in the company, valued at $40.54 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 17 ’25, Rep Director, Business Mngmt Kang Hanseung sold 40,000 shares of the business’s stock. A total of $920,000 was realized by selling the stock at an average price of $23.00. This leaves the insider owning 669,772 shares of the company worth $15.79 million. A total of 30.78% of the company’s stock is owned by insiders.
During the past 12 months, Coupang Inc has had a low of $17.55 and a high of $26.91. As of last week, the company has a debt-to-equity ratio of 0.91, a current ratio of 1.17, and a quick ratio of 0.89. According to the stock market information, the enterprise value for the company is $40493395968, which is based on a 284.44 price-to-earnings ratio, a 2.12 price-to-earnings-growth ratio, and a beta of 1.08. The fifty day moving average price for CPNG is $23.3896 and a two-hundred day moving average price translates $23.1972 for the stock.
The latest earnings results from Coupang Inc (NYSE: CPNG) was released for 2024-12-31. The net profit margin was 0.51% and return on equity was 3.76% for CPNG. The company reported revenue of $7.96 billion for the quarter, compared to $6.56 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 21.42 percent.
