Groupon (GRPN) has risen sharply, recording gains of 11.62% in the past 4 weeks. However, the stock has corrected -2.89% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 11.85% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.73% and the fifty day Moving Average is 24.8%. Groupon, Inc. is up 51.55% in the last three month period. Year-to-Date the stock performance stands at 75.24%.
Groupon (GRPN) : The consensus price target for Groupon (GRPN) is $4.31 for the short term with a standard deviation of $1.09. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $7, however, the pessimist price target for the company is $2.
Groupon (NASDAQ:GRPN): The stock was completely flat for the day, closing at $5.38 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $5.34, the stock touched an intraday high of $5.44 and a low of $5.27. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $5.38. The total trading volume on Friday was 5,641,382.
Groupon, Inc. operates online local commerce marketplaces world over that connect 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, the Middle East and Africa, and international operations (Rest of World). The Company offers deals on goods and services in three categories: Local Deals (Local), Groupon Goods (Goods) and Groupon Getaways (Travel). The Companys Local category includes deals with local merchants, national merchants and local events. The Companys Goods transactions in North America are primarily direct revenue deals. Through its Getaways category, the Company features travel offers at both discounted and market rates, including hotels, airfare and package deals covering both domestic and international travel. Its deal offerings are accessed directly through its Websites, mobile applications and search engines.