logo

GRPN’s 2023 Market Dance: Down -1.95% – Time to Invest?

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded a decrease of -1.95%. However, over the last six months, the performance has been weaker by 4.05%. The price of GRPN decreased -24.75% over the last 30 days. And in the last five days, it has fallen by -33.67%.

Groupon Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $19.56 on 03/13/24, and the lowest price during the same period was recorded at $2.89 on 05/16/23.

52-week price history of GRPN Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Groupon Inc’s current trading price is -35.63% away from its 52-week high, while its distance from the 52-week low is 335.64%. The stock’s price range over this timeframe has been between $2.89 and $19.56. The shares of the Communication Services sector company recorded a trading volume of approximately 9.84 million for the day, which was comparatively higher than the average daily volume of 0.83 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Groupon Inc (GRPN) has experienced a quarterly rise of 8.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 490.13M and boasts a workforce of 2213 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 13.63, with a change in price of -0.02. Similarly, Groupon Inc recorded 1,074,882 in trading volume during the last 100 days, posting a change of -0.16%.

GRPN Stock Stochastic Average

The raw stochastic average for Groupon Inc over the last 50 days is presently at 15.21%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 3.86%. Further, the company’s Stochastic %K and %D values for the last 20 days were 35.37% and 51.41%, respectively.