Groupon Stock Bearish Momentum With A 30% Slide In The Last 21 Sessions

(VIANEWS) – Shares of Groupon (NASDAQ: GRPN) slid by a staggering 30.07% in 21 sessions from $8.78 at 2023-02-03, to $6.14 at 10:58 EST on Tuesday, following the last session’s downward trend. NASDAQ is falling 0.91% to $11,568.92, following the last session’s downward trend.

Groupon’s last close was $6.30, 72.58% 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 value is way under its 50-day moving average of $7.87 and way below its 200-day moving average of $9.99.

More news about Groupon (GRPN).

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