Groupon Stock Over 11% Up So Far Today

(VIANEWS) – Shares of Groupon (NASDAQ: GRPN) rose by a staggering 11.85% to $4.77 at 14:23 EST on Wednesday, following the last session’s downward trend. NASDAQ is dropping 0.9% to $13,543.77, after two sequential sessions in a row of losses. This seems, up until now, a somewhat negative trend trading session today.

Groupon’s last close was $4.26, 73.52% below its 52-week high of $16.09.

About Groupon

Groupon, Inc., together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants; and first-party goods inventory. It serves customers through its mobile applications and websites. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. Groupon, Inc. was incorporated in 2008 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, Groupon has a trailing twelve months EPS of $-7.98.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -285.15%.

Sales Growth

Groupon’s sales growth is negative 19.7% for the current quarter and negative 13.2% for the next.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Groupon’s stock is considered to be overbought (>=80).

Moving Average

Groupon’s worth is way above its 50-day moving average of $4.27 and way below its 200-day moving average of $6.84.

Yearly Top and Bottom Value

Groupon’s stock is valued at $4.77 at 14:23 EST, way below its 52-week high of $16.09 and way higher than its 52-week low of $2.89.

More news about Groupon (GRPN).

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