Coupang Inc (NYSE:CPNG) shares traded 1.61% higher at $26.56 on Wall Street last session.
CPNG stock price is now 16.10% away from the 50-day moving average and 13.11% away from the 200-day moving average. The market capitalization of the company currently stands at $48.22B.
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, SVF Investments (UK) Ltd, 10% Owner sold 30,000,000 shares of the company’s stock on May 08 ’25. The stock was sold for $772,500,000 at an average price of $25.75. Upon completion of the transaction, the 10% Owner now directly owns 319,542,259 shares in the company, valued at $8.49 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On May 12 ’25, Officer GAURAV ANAND bought 75,350 shares of the business’s stock. A total of $1,959,100 was incurred on buying the stock at an average price of $26.00. A total of 33.22% of the company’s stock is owned by insiders.
During the past 12 months, Coupang Inc has had a low of $18.16 and a high of $27.02. As of last week, the company has a debt-to-equity ratio of 0.93, a current ratio of 1.16, and a quick ratio of 0.90.
The net profit margin was 0.82% and return on equity was 6.06% for CPNG. The company reported revenue of $7.91 billion for the quarter, compared to $7.11 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.16 percent.
