Groupon Stock Over 27% Down In The Last 21 Sessions

(VIANEWS) – Shares of Groupon (NASDAQ: GRPN) dropped by a staggering 27.57% in 21 sessions from $7.98 at 2023-02-07, to $5.78 at 13:28 EST on Thursday, after three successive sessions in a row of losses. NASDAQ is falling 0.22% to $11,550.74, following the last session’s upward trend.

Groupon’s last close was $6.03, 73.76% under its 52-week high of $22.98.

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 $-10.07.

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 -121.5%.

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).

Volume

Today’s last reported volume for Groupon is 478637 which is 52% below its average volume of 964342.

Volatility

Groupon’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.91%, a negative 1.16%, and a positive 3.87%.

Groupon’s highest amplitude of average volatility was 3.43% (last week), 3.00% (last month), and 3.87% (last quarter).

More news about Groupon (GRPN).

Leave a Reply

Your email address will not be published. Required fields are marked *