Coupang Inc. [CPNG] Revenue clocked in at $13.76 billion, down -21.16% YTD: What’s Next?

Coupang Inc. [NYSE: CPNG] stock went on a downward path that fall over -2.68% on Tuesday, amounting to a one-week price decrease of less than -12.82%. 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.

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.

The market cap for the stock reached $70.72 billion, with 1.73 billion shares outstanding and 1.34 billion shares in the current float. Compared to the average trading volume of 4.53M shares, CPNG stock reached a trading volume of 3910746 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Coupang Inc. [CPNG]:

Deutsche Bank have made an estimate for Coupang Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 14, 2021. While these analysts kept the previous recommendation, CLSA raised their target price to Outperform. The new note on the price target was released on July 09, 2021, representing the official price target for Coupang Inc. stock. Previously, the target price had yet another drop from $50 to $40, while Deutsche Bank kept a Buy rating on CPNG stock.

The Average True Range (ATR) for Coupang Inc. is set at 1.90, with the Price to Sales ratio for CPNG stock in the period of the last 12 months amounting to 5.14. The Price to Book ratio for the last quarter was 20.54, with the Price to Cash per share for the same quarter was set at 2.38.

CPNG Stock Performance Analysis:

Coupang Inc. [CPNG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.82.

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 42.90, with the RSI for the last a single of trading hit 37.66, and the three-weeks RSI is set at 45.02 for Coupang Inc. [CPNG]. The present Moving Average for the last 50 days of trading for this stock 39.37, while it was recorded at 41.05 for the last single week of trading.

Insight into Coupang Inc. Fundamentals:

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.

Coupang Inc. [CPNG] Insider Position Details

There are presently around $47,124 million, or 84.00% 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 $10.91 billion in CPNG stocks shares; and MAVERICK CAPITAL LTD, currently with $4.29 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 August and at the time of the August reporting period, where 192 institutional holders increased their position in Coupang Inc. [NYSE:CPNG] by around 1,213,508,841 shares. Additionally, 4 investors decreased positions by around 12,915 shares, while 2 investors held positions by with 78,374 shares. The mentioned changes placed institutional holdings at 1,213,600,130 shares, according to the latest SEC report filing. CPNG stock had 186 new institutional investments in for a total of 1,213,502,063 shares, while 3 institutional investors sold positions of 12,725 shares during the same period.

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