Coupang Inc. (CPNG) can’t be written off after posting last 3-months Average volume of 14.61M

Let’s start up with the current stock price of Coupang Inc. (CPNG), which is $45.33 to be very precise. The Stock rose vividly during the last session to $46.80 after opening rate of $46.74 while the lowest price it went was recorded $44.95 before closing at $46.57.

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Recently in News on March 15, 2021, Coupang Announces Partial Early Lock-Up Release. Coupang, Inc. (NYSE: CPNG), one of Asia’s largest eCommerce companies, confirmed that conditions were satisfied for a partial early lock-up release that will occur at the open of trading on March 18, 2021 with respect to its shares of Class A common stock, par value $0.0001 per share (the “shares”), pursuant to the terms of certain lock-up agreements (“lock-up agreements”) entered into by Coupang’s directors, officers, and affiliated entities with the underwriters of Coupang’s initial public offering. You can read further details here


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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, Coupang Inc. shares are logging -34.30% during the 52-week period from high price, and 9.47% 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 $41.41 and $69.00.

The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 3597128 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Coupang Inc. (CPNG) recorded performance in the market was -7.96%. At the time of this writing, the total market value of the company is set at 81.10B, as it employees total of 50000 workers.

The Analysts eye on Coupang Inc. (CPNG)

During the last month, 0 analysts gave the Coupang Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

Technical rundown of Coupang Inc. (CPNG)

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Considering, the past performance of Coupang Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -7.96%.

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