Groupon Inc (NASDAQ:GRPN) shares, rose in value on Wednesday, March 26, with the stock price down by -0.27% to the previous day’s close as strong demand from buyers drove the stock to $18.19.
Actively observing the price movement in the last trading, the stock closed the session at $18.24, falling within a range of $17.88 and $18.6. The value of beta (5-year monthly) was 1.405. Referring to stock’s 52-week performance, its high was $18.50, and the low was $7.75. On the whole, GRPN has fluctuated by 54.15% over the past month.
With the market capitalization of Groupon Inc currently standing at about $724.16 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-10.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GRPN’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of GRPN currently trading nearly 32.61% and 47.09% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 78.39, while the 7-day volatility ratio is showing 5.22% which for the 30-day chart, stands at 7.33%. Furthermore, Groupon Inc (GRPN)’s beta value is 1.09, and its average true range (ATR) is 0.99.
A comparison of Groupon Inc (GRPN) with its peers suggests the former has fared considerably weaker in the market. GRPN showed an intraday change of -0.27% in last session, and over the past year, it grew by 26.23%%.
Data on historical trading for Groupon Inc (NASDAQ:GRPN) indicates that the trading volumes over the past 10 days have averaged 3.25 and over the past 3 months, they’ve averaged 1.30 million. According to company’s latest data on outstanding shares, there are 39.80 million shares outstanding.
Nearly 46.41% of Groupon Inc’s shares belong to company insiders and institutional investors own 53.09% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.39 million shares as on 2025-03-14, resulting in a short ratio of 4.66. According to the data, the short interest in Groupon Inc (GRPN) stood at 3359.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 7.85 million. The stock has risen by 49.71% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GRPN stock heading into the next quarter.
