Coupang Inc. (NYSE:CPNG) shares traded lower over the last trading session, losing -0.51% on 05/28/21. The shares fell to a low of $40.75 before closing at $40.79. Intraday shares traded counted 2.28 million, which was 71.84% higher than its 30-day average trading volume of 8.09M. CPNG’s previous close was $41.00 while the outstanding shares total 1.73B. The stock’s Relative Strength Index (RSI) is 51.41, with weekly volatility at 5.28% and ATR at 2.21. The CPNG stock’s 52-week price range has touched low of $30.65 and a $69.00 high.
Investors have identified the Internet Retail company Coupang Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $71.03 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Coupang Inc. (CPNG) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For CPNG, the company has in raw cash 4.53 billion on their books with 171.26 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 6.16 billion total, with 3.92 billion as their total liabilities.
CPNG were able to record -330.18 million as free cash flow during the 09/01/2021 quarter of the year, this saw their quarterly net cash flow reduce by 3.13 billion. In cash movements, the company had a total of -183.35 million as operating cash flow.
Potential earnings growth for Coupang Inc. (CPNG)
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 3.47 billion trying to sell their products during the last quarter, with the result yielding a gross income of 732.51 million. This allows shareholders to hold on to 1.73B with the recently reported earning now reading -0.68 cents per share. This is a figure that compared to analyst’s prediction for their 09/01/2021 (-0.68 cents a share).
Having a look at the company’s valuation, the company is expected to record -0.44 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on CPNG sounds very interesting.
Is the stock of CPNG attractive?
In related news, Director, You Harry L. bought 28,571 shares of the company’s stock in a transaction that recorded on Mar 15. The purchase was performed at an average price of 35.00, for a total value of 999,985. As the purchase deal closes, the Director, Jett Lydia now bought 28,571 shares of the company’s stock, valued at 999,985. Also, CEO and Chairman, Kim Bom Suk sold 1,200,000 shares of the company’s stock in a deal that was recorded on Mar 15. The shares were cost at an average price of 35.00 per share, with a total market value of 42,000,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.