Coupang Inc (NYSE:CPNG) shares, rose in value on Wednesday, March 26, with the stock price up by 0.77% to the previous day’s close as strong demand from buyers drove the stock to $23.58.
Actively observing the price movement in the last trading, the stock closed the session at $23.40, falling within a range of $23.17 and $23.65. The value of beta (5-year monthly) was 1.098 whereas the PE ratio was 284.44 over 12-month period. Referring to stock’s 52-week performance, its high was $26.91, and the low was $17.55. On the whole, CPNG has fluctuated by -2.44% over the past month.
With the market capitalization of Coupang Inc currently standing at about $42.57 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-24.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 34.37B, with a low estimate of 7.93B and a high estimate of 8.12B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 8.03B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CPNG’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 2.12, with the price of CPNG currently trading nearly 1.98% and 0.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.29, while the 7-day volatility ratio is showing 2.43% which for the 30-day chart, stands at 3.74%. Furthermore, Coupang Inc (CPNG)’s beta value is 1.08, and its average true range (ATR) is 0.75.
A comparison of Coupang Inc (CPNG) with its peers suggests the former has fared considerably weaker in the market. CPNG showed an intraday change of 0.77% in last session, and over the past year, it grew by 34.21%%.
Data on historical trading for Coupang Inc (NYSE:CPNG) indicates that the trading volumes over the past 10 days have averaged 6.24 and over the past 3 months, they’ve averaged 7.85 million. According to company’s latest data on outstanding shares, there are 1.64 billion shares outstanding.
Nearly 30.78% of Coupang Inc’s shares belong to company insiders and institutional investors own 52.52% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 16.89 million shares as on 2025-03-14, resulting in a short ratio of 1.74. According to the data, the short interest in Coupang Inc (CPNG) stood at 165.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 13.19 million. The stock has risen by 7.28% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CPNG stock heading into the next quarter.
