Coupang Inc. [CPNG] Revenue clocked in at $13.76 billion, down -22.72% YTD: What’s Next?

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Coupang Inc. [NYSE: CPNG] gained 0.74% or 0.28 points to close at $38.06 with a heavy trading volume of 2969607 shares. The company report on June 8, 2021 that Coupang Founder Bom Kim Joins CEOs of Starbucks, P&G, Mastercard, IBM, Cisco and Airbnb at FORTUNE Global Forum.

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Coupang announced that founder and CEO Bom Kim will be a mainstage speaker at the 2021 FORTUNE Global Forum, which brings together the world’s top business leaders, policymakers, and experts to discuss the key issues shaping global business.

Kim will be joined by other global industry leaders such as Starbucks President and CEO, Kevin Johnson, Procter & Gamble Chairman, President, and CEO, David Taylor, Airbnb Co-Founder and CEO, Brian Chesky and Cisco Systems Chairman and CEO, Chuck Robbins.

If we look at the average trading volume of 7.40M shares, CPNG reached to a volume of 2969607 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Coupang Inc. [CPNG]:

Deutsche Bank have made an estimate for Coupang Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 13, 2021. While these analysts kept the previous recommendation, JP Morgan raised their target price to Neutral. The new note on the price target was released on April 06, 2021, representing the official price target for Coupang Inc. stock. Previously, the target price had yet another raise to $47, while Credit Suisse analysts kept a Neutral rating on CPNG stock.

The Average True Range (ATR) for Coupang Inc. is set at 1.77, with the Price to Sales ratio for CPNG stock in the period of the last 12 months amounting to 4.87. The Price to Book ratio for the last quarter was 20.14, with the Price to Cash per share for the same quarter was set at 2.46.

Trading performance analysis for CPNG stock

Coupang Inc. [CPNG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.69.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CPNG stock in for the last two-week period is set at 43.07, with the RSI for the last a single of trading hit 41.40, and the three-weeks RSI is set at 43.19 for Coupang Inc. [CPNG]. The present Moving Average for the last 50 days of trading for this stock 41.57, while it was recorded at 38.30 for the last single week of trading.

Coupang Inc. [CPNG]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Coupang Inc. [CPNG] shares currently have an operating margin of -4.41 and a Gross Margin at +16.60. Coupang Inc.’s Net Margin is presently recorded at -3.97.

Receivables Turnover for the company is 177.15 with a Total Asset Turnover recorded at a value of 2.88.Coupang Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.60.

An analysis of insider ownership at Coupang Inc. [CPNG]

There are presently around $46,187 million, or 83.90% of CPNG stock, in the hands of institutional investors. The top three institutional holders of CPNG stocks are: SB INVESTMENT ADVISERS (UK) LTD with ownership of 568,156,413, which is approximately New of the company’s market cap and around 0.50% of the total institutional ownership; GREENOAKS CAPITAL PARTNERS LLC, holding 280,900,466 shares of the stock with an approximate value of $10.69 billion in CPNG stocks shares; and MAVERICK CAPITAL LTD, currently with $4.21 billion in CPNG stock with ownership of nearly New of the company’s market capitalization.

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Positions in Coupang Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 188 institutional holders increased their position in Coupang Inc. [NYSE:CPNG] by around 1,213,537,210 shares. Additionally, 0 investors decreased positions by around 0 shares, while 0 investors held positions by with 0 shares. The mentioned changes placed institutional holdings at 1,213,537,210 shares, according to the latest SEC report filing. CPNG stock had 188 new institutional investments in for a total of 1,213,537,210 shares, while 0 institutional investors sold positions of 0 shares during the same period.

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