Market cap of Coupang Inc. [CPNG] reaches 28.15B – now what?

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Coupang Inc. [NYSE: CPNG] gained 1.35% on the last trading session, reaching $14.26 price per share at the time. The company report on April 18, 2022 that Coupang Names Splunk CFO and SVP Jason Child as New Board Member.

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Coupang today announced that it has appointed Jason Child, Chief Financial Officer and Senior Vice President of Splunk, to the company’s board of directors where he will serve on the audit committee.

“Jason is an accomplished business leader who brings decades of financial and corporate leadership experience to our board,” said Bom Kim, Founder and CEO of Coupang. “He will be an important advisor and we are excited to work with him to make an even greater impact on our customers.”.

Coupang Inc. represents 1.76 billion in outstanding shares, while the company has a total market value of $28.15 billion with the latest information. CPNG stock price has been found in the range of $13.96 to $14.46.

If compared to the average trading volume of 11.39M shares, CPNG reached a trading volume of 8535406 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]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CPNG shares is $28.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CPNG stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Deutsche Bank have made an estimate for Coupang Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 22, 2022. The new note on the price target was released on March 09, 2022, representing the official price target for Coupang Inc. stock.

The Average True Range (ATR) for Coupang Inc. is set at 1.10, with the Price to Sales ratio for CPNG stock in the period of the last 12 months amounting to 1.53. The Price to Book ratio for the last quarter was 11.50, with the Price to Cash per share for the same quarter was set at 1.77.

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 -13.15. With this latest performance, CPNG shares dropped by -24.63% in over the last four-week period, additionally sinking by -50.83% over the last 6 months – not to mention a drop of -68.78% in the past year of trading.

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 31.77, with the RSI for the last a single of trading hit 25.92, and the three-weeks RSI is set at 35.40 for Coupang Inc. [CPNG]. The present Moving Average for the last 50 days of trading for this stock 19.62, while it was recorded at 15.08 for the last single week of trading, and 26.83 for the last 200 days.

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 -6.51 and a Gross Margin at +16.89. Coupang Inc.’s Net Margin is presently recorded at -8.38.

Coupang Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.20.

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

There are presently around $18,212 million, or 75.90% 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 511,156,413, which is approximately 0% of the company’s market cap and around 0.30% of the total institutional ownership; GREENOAKS CAPITAL PARTNERS LLC, holding 115,845,483 shares of the stock with an approximate value of $1.63 billion in CPNG stocks shares; and MAVERICK CAPITAL LTD, currently with $1.33 billion in CPNG stock with ownership of nearly -9.465% of the company’s market capitalization.

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 170 institutional holders increased their position in Coupang Inc. [NYSE:CPNG] by around 210,626,627 shares. Additionally, 161 investors decreased positions by around 154,697,355 shares, while 57 investors held positions by with 929,066,037 shares. The mentioned changes placed institutional holdings at 1,294,390,019 shares, according to the latest SEC report filing. CPNG stock had 65 new institutional investments in for a total of 83,207,620 shares, while 68 institutional investors sold positions of 20,421,277 shares during the same period.