09 September, 2017
In order to determine directional movement, the 50-day and 200-day moving averages for Groupon, Inc. About 1.91M shares traded.
Groupon, Inc. (GRPN) has a market capitalization of 2.43 Billion which suggests the company is a huge company further suggesting that the shares of Groupon, Inc. It has underperformed by 19.05% the S&P500. We have $4.06 PT which if reached, will make NASDAQ:GRPN worth $147.00 million less. Centene Corp (CNC) has risen 32.56% since September 8, 2016 and is uptrending. The volume of GRPN witnessed a shift from 3.84 million shares, based on a 50-day average, to 7.58 million shares. The lowest target is $2.25 while the high is $8. The short sellers will then buy the stock back at a much lower price and replace the borrowed shares, pocketing the difference. GRPN was included in 51 notes of analysts from August 5, 2015. The firm earned "Buy" rating on Monday, April 3 by Benchmark. As per Tuesday, December 13, the company rating was upgraded by Goldman Sachs. Groupon now has an average rating of "Hold" and an average target price of $4.57. Wedbush reiterated a "positive" rating and set a $4.08 price target (down previously from $4.50) on shares of Groupon in a research report on Wednesday, August 23rd. Voya Investment Management LLC now owns 152,428 shares of the coupon company's stock valued at $585,000 after acquiring an additional 2,911 shares in the last quarter. The shares were sold at an average price of $3.96, for a total transaction of $2,228,367.24. Finally, Piper Jaffray Companies reiterated an "overweight" rating and set a $5.50 target price on shares of Groupon in a report on Wednesday, June 28th. The Netherlands-based Alpinvest Partners B.V. has invested 1.69% in the stock. Jefferies Group LLC reaffirmed a "hold" rating on shares of Groupon in a report on Monday, May 15th.
Investors sentiment decreased to 0.94 in Q4 2016. Its down -0.12, from 0.91 in 2016Q3. It worsened, as 33 investors sold Groupon Inc shares while 64 reduced holdings. Cornerstone Cap Limited Com stated it has 498,593 shares or 0.01% of all its holdings. As of quarter end Pacer Advisors, Inc. had sold a total of 72 shares trimming its stake by 0.4%. Utah Retirement accumulated 66,675 shares.
Shares of The Western Union Company (NYSE:WU) traded up 0.16% in the last session while performance was up 18.54% in the last five days. Wms Prtn Ltd Co reported 12,005 shares or 0.01% of all its holdings. Brean Capital maintained Groupon Inc (NASDAQ:GRPN) rating on Monday, August 10. Moreover, State Of Wisconsin Investment Board has 0% invested in Groupon Inc (NASDAQ:GRPN). 485,936 are owned by First Quadrant Lp Ca. Nationwide Fund Advsrs accumulated 91,455 shares. Cubist Systematic Strategies Ltd Liability reported 25,162 shares. Therefore 38% are positive.
July 26 investment analysts at Morgan Stanley kept the company rating at "Underweight" and moved down the price target to $3.20 from $5.00. The firm has "Neutral" rating by Credit Suisse given on Thursday, August 3. The firm has "Buy" rating by Zacks given on Wednesday, August 5. The rating was initiated by Boenning & Scattergood on Thursday, September 29 with "Neutral". The stock has "Hold" rating by TheStreet on Friday, October 16. Following the transaction, the insider now directly owns 343,353 shares of the company's stock, valued at approximately $1,359,677.88. JMP Securities downgraded the stock to "Mkt Underperform" rating in Wednesday, September 28 report.
Groupon, Inc. (Groupon), launched on January 15, 2008, operates online local commerce marketplaces around the world that connects merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, and the Middle East and Africa, and the remainder of its global operations (Rest of World).
