Coursera Inc [NYSE: COUR] loss -11.69% or -1.12 points to close at $8.46 with a heavy trading volume of 4490822 shares.
The daily chart for COUR points out that the company has recorded -11.32% loss over the past six months.
If we look at the average trading volume of 2.28M shares, COUR reached to a volume of 4490822 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 Coursera Inc [COUR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for COUR shares is $10.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on COUR stock is a recommendation set at 1.87. 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.
Scotiabank have made an estimate for Coursera Inc shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on December 05, 2024. 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 November 25, 2024, representing the official price target for Coursera Inc stock. Previously, the target price had yet another drop from $18 to $15, while Telsey Advisory Group kept a Outperform rating on COUR stock.
The Average True Range (ATR) for Coursera Inc is set at 0.45, with the Price to Sales ratio for COUR stock in the period of the last 12 months amounting to 1.96. The Price to Book ratio for the last quarter was 2.26, with the Price to Cash per share for the same quarter was set at 4.55. Price to Free Cash Flow for COUR in the course of the last twelve months was 19.22 with Quick ratio for the last quarter at 2.53.
Trading performance analysis for COUR stock
Coursera Inc [COUR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.17. With this latest performance, COUR shares gained by 0.83% in over the last four-week period, additionally sinking by -11.32% over the last 6 months – not to mention a drop of -59.05% 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 COUR stock in for the last two-week period is set at 47.22, with the RSI for the last a single of trading hit 43.39, and the three-weeks RSI is set at 49.52 for Coursera Inc [COUR]. The present Moving Average for the last 50 days of trading for this stock 8.31, while it was recorded at 9.19 for the last single week of trading, and 8.14 for the last 200 days.
Coursera Inc [COUR]: A deeper dive into fundamental analysis
Coursera Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.53 and a Current Ratio set at 2.53.
An analysis of Institutional ownership at Coursera Inc [COUR]
There are presently around $73.28%, or 77.50%% of COUR stock, in the hands of institutional investors. The top three institutional holders of COUR stocks are: BAILLIE GIFFORD & CO with ownership of 22.3 million shares, which is approximately 14.2591%. NEA MANAGEMENT COMPANY, LLC, holding 12.87 million shares of the stock with an approximate value of $$92.13 million in COUR stocks shares; and NEA MANAGEMENT COMPANY, LLC, currently with $$81.92 million in COUR stock with ownership which is approximately 7.3167%.
