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Groupon Inc. (GRPN) is set to bring smile on the investors face as Analysts sets mean Target price of $9.38

For the readers interested in the stock health of Groupon Inc. (GRPN). It is currently valued at $5.10. When the transactions were called off in the previous session, Stock hit the highs of $5.5008, after setting-off with the price of $5.37. Company’s stock value dipped to $4.98 during the trading on the day. When the trading was stopped its value was $5.55.Recently in News on March 15, 2023, Groupon Changes Release Date for Fourth Quarter and Full Year 2022 Financial Results to March 16, 2023. Groupon, Inc. (NASDAQ: GRPN) announced today that it is rescheduling the date for its fourth quarter 2022 earnings release and conference call by one day. The company is rescheduling the call in order to finalize its earnings release and disclosures, both of which will include details on the amendment to its existing credit agreement. The company will release its fourth quarter and full year 2022 financial results after the close of market trading on Thursday, March 16, 2023. The company will also host a conference call to discuss those results at 5:00pm ET. You can read further details here

Groupon Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $21.17 on 04/20/22, with the lowest value was $4.98 for the same time period, recorded on 03/15/23.

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Groupon Inc. (GRPN) full year performance was -71.43%

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, Groupon Inc. shares are logging -75.91% during the 52-week period from high price, and -3.95% 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 $5.31 and $21.17.

The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 2387235 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 Groupon Inc. (GRPN) recorded performance in the market was -40.56%, having the revenues showcasing -28.27% 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 158.56M, as it employees total of 3675 workers.

Specialists analysis on Groupon Inc. (GRPN)

During the last month, 0 analysts gave the Groupon 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.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 7.67, with a change in the price was noted -1.84. In a similar fashion, Groupon Inc. posted a movement of -26.51% for the period of last 100 days, recording 1,008,686 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 GRPN is recording 3.46 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.32.

Trends and Technical analysis: Groupon Inc. (GRPN)

Raw Stochastic average of Groupon Inc. in the period of last 50 days is set at 2.67%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 4.18%. In the last 20 days, the company’s Stochastic %K was 8.48% and its Stochastic %D was recorded 7.41%.

Now, considering the stocks previous presentation, 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 -40.56%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -58.06%, alongside a downfall of -71.43% for the period of the last 12 months. The shares increased approximately by -15.42% in the 7-day charts and went up by -30.23% in the period of the last 30 days. Common stock shares were lifted by -28.27% during last recorded quarter.

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