Groupon Stock Bearish By 9% So Far On Wednesday

(VIANEWS) – Shares of Groupon (NASDAQ: GRPN) slid 9.43% to $6.80 at 13:42 EST on Wednesday, after two successive sessions in a row of gains. NASDAQ is sliding 0.44% to $11,404.60, after three consecutive sessions in a row of losses. This seems, at the moment, a somewhat negative trend trading session today.

Groupon’s last close was $7.51, 67.32% below 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%.

Moving Average

Groupon’s worth is way under its 50-day moving average of $7.87 and way under its 200-day moving average of $9.99.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 322.2% and positive 91.2% for the next.

Revenue Growth

Year-on-year quarterly revenue growth declined by 32.6%, now sitting on 674.09M for the twelve trailing months.

More news about Groupon (GRPN).

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