Stocks of Groupon Inc (NASDAQ:GRPN) traded higher last session on Wall Street, up 23.52% to $12.97.
GRPN stock price is now -1.40% away from the 50-day moving average and 3.39% away from the 200-day moving average. The market capitalization of the company currently stands at $507.00M.
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With the price target of $30, ROTH MKM recently initiated with Buy rating for Groupon Inc (NASDAQ: GRPN)., while ‘Barclays’ rates the stock as ‘Underweight’
In other news, Senkypl Dusan, Interim CEO bought 137,946 shares of the company’s stock on Nov 20 ’23. The stock was bought for $1,343,427 at an average price of $9.74. Upon completion of the transaction, the Interim CEO now directly owns 7,040,310 shares in the company, valued at $91.31 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 17 ’23, Interim CEO Senkypl Dusan bought 24,803 shares of the business’s stock. A total of $235,616 was incurred on buying the stock at an average price of $9.50. This leaves the insider owning 6,902,364 shares of the company worth $89.52 million. A total of 46.49% of the company’s stock is owned by insiders.
During the past 12 months, Groupon Inc has had a low of $2.89 and a high of $19.56. As of last week, the company has a debt-to-equity ratio of 5.66, a current ratio of 0.91, and a quick ratio of 0.91.
According to the Internet Content & Information Company, earnings per share came in at -0.65, beating analysts’ expectations of -1.32 by 0.67. This compares to -$0.93 EPS in the same period last year. The net profit margin was -7.46% and return on equity was -469.64% for GRPN. The company reported revenue of $123.08 million for the quarter, compared to $121.61 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.21 percent. For the current quarter, analysts expect GRPN to generate $123.08M in revenue.
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