Coupa Software Incorporated (COUP) distance from 20-day Simple moving Average is 11.06%: What to Expect?

Let’s start up with the current stock price of Coupa Software Incorporated (COUP), which is $331.83 to be very precise. The Stock rose vividly during the last session to $337.495 after opening rate of $306.23 while the lowest price it went was recorded $306.16 before closing at $301.63.

Recently in News on August 6, 2020, Coupa Business Spend Index Reveals that Business Spend Sentiment Has Improved But Remains Below Trend. Q3 Outlook shows early signs of business resilience amid economic downturn. You can read further details here

Coupa Software Incorporated had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $337.49 on 08/26/20, with the lowest value was $99.01 for the same time period, recorded on 03/12/20.

Coupa Software Incorporated (COUP) full year performance was 131.60%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Coupa Software Incorporated shares are logging 3.84% during the 52-week period from high price, and 235.15% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $99.01 and $319.55.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1709126 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Coupa Software Incorporated (COUP) recorded performance in the market was 126.89%, having the revenues showcasing 52.90% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 22.61B, as it employees total of 1693 workers.

Analysts verdict on Coupa Software Incorporated (COUP)

During the last month, 12 analysts gave the Coupa Software Incorporated a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 242.80, with a change in the price was noted +205.61. In a similar fashion, Coupa Software Incorporated posted a movement of +162.90% for the period of last 100 days, recording 1,573,833 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for COUP is recording 1.47 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.23.

Coupa Software Incorporated (COUP): Technical Analysis

Raw Stochastic average of Coupa Software Incorporated in the period of last 50 days is set at 93.66%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 90.64%. In the last 20 days, the company’s Stochastic %K was 65.47% and its Stochastic %D was recorded 58.98%.

Let’s take a glance in the erstwhile performances of Coupa Software Incorporated, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 126.89%. Additionally, trading for the stock in the period of the last six months notably improved by 115.91%, alongside a boost of 131.60% for the period of the last 12 months. The shares increased approximately by 11.16% in the 7-day charts and went down by 12.72% in the period of the last 30 days. Common stock shares were driven by 52.90% during last recorded quarter.