Is Coupang Inc (NYSE: CPNG) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

CPNG belongs to the Consumer Cyclical sector of the NYSE while operating in the Internet Retail industry. The current market capitalization of Coupang Inc is $40.97B. A total of 7.02 million shares were traded on the day, compared to an average of 7.24M shares.

In the most recent transaction, Sun Benjamin sold 200,000 shares of CPNG for 23.36 per share on Aug 19 ’24. After the transaction, the Director now owns 1,969,421 company shares. In a previous transaction on Aug 19 ’24, Sun Brothers LLC bought 200,000 shares at 23.36 per share.

Among the insiders who bought shares, GREENOAKS CAPITAL PARTNERS LLC acquired of 251,300 shares on Aug 13 ’24 at a per-share price of $22.58. This resulted in the Director holding 50,126,224 shares of CPNG after the transaction. In another insider transaction, GREENOAKS CAPITAL PARTNERS LLC bought 150,000 shares at $22.15 per share on Aug 14 ’24. Company shares held by the Director now total 50,276,224.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CPNG has a high of $23.77 and a low of $13.51.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CPNG’s latest balance sheet shows that the firm has $3.49B in Cash & Short Term Investments as of fiscal 2021. There were $2.12B in debt and $4.74B in liabilities at the time. Its Book Value Per Share was $2.15, while its Total Shareholder’s Equity was $2.18B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CPNG is Buy with a score of 4.70.

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