With 25.85 million shares changed hands, the volume of the stock remained heavier than its average volume of 9.12 million shares. The 52-week range on CPNG shows that it touched its highest point at $27.02 and its lowest point at $18.16 during that stretch. It currently has a 1-year price target of $29.65. Beta for the stock currently stands at 1.11.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CPNG was up-trending over the past week, with a rise of 10.67%, but this was up by 22.68% over a month. Three-month performance surged to 11.46% while six-month performance rose 5.77%. The stock gained 20.67% in the past year, while it has gained 20.84% so far this year. A look at the trailing 12-month EPS for CPNG yields 0.14 with Next year EPS estimates of 0.70. For the next quarter, that number is 0.07. This implies an EPS growth rate of 259.07% for this year and 143.32% for next year.
Float and Shares Shorts:
At present, 1.65 billion CPNG shares are outstanding with a float of 1.21 billion shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CPNG since 10 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.00268653 being high and $0.001416 being low. For CPNG, this leads to a yearly average estimate of $0.002051265. Based on analyst estimates, the high estimate for the next quarter is $0.05 and the low estimate is $0.05. The average estimate for the next quarter is thus $0.05.
