A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant gain of 51.75% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 218.34%. Over the past 30 days, the price of GRPN has fallen by 10.90%. And in the last five days, it has surged by 4.58%.
The market performance of Groupon Inc. has been somewhat stable. Over the past year, the company’s stock achieved a high of $13.78 on 08/24/23, with the lowest value for the same timeframe being $2.89, recorded on 05/16/23.
52-week price history of GRPN Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Groupon Inc.’s current trading price is -5.51% away from its 52-week high, while its distance from the 52-week low is 350.52%. The stock’s price range for this period has been between $2.89 and $13.78. The Communication Services sector company’s shares saw a trading volume of about 1.86 million for the day, which was higher than the average daily volume of 1.37 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Groupon Inc. (GRPN) has experienced a quarterly rise of 164.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 416.51M and boasts a workforce of 2904 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.11, with a change in price of +9.32. Similarly, Groupon Inc. recorded 1,397,616 in trading volume during the last 100 days, posting a change of +251.89%.
GRPN Stock Stochastic Average
As of today, the raw stochastic average of Groupon Inc. over the last 50 days is at 90.18%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 79.52%. Further, the company’s Stochastic %K and %D values for the last 20 days were 60.47% and 50.18%, respectively.