Published: Thu, February 16, 2017
Money | By Oscar Reynolds

Here's Why Groupon is Skyrocketing 22% After Earnings

Here's Why Groupon is Skyrocketing 22% After Earnings

The specialist with the upbeat stand sees it reaching $6.5, with the conservative target at $3. The stock lost nearly -32.3% in price since last earning report, when its share price was $5.26. The trade volumes are expected to remain volatile during earnings announcement period, as many investors would reconsider their investment in Groupon, Inc. based on the results. During the fourth quarter, revenue ticked up 2% to $934.9 million, topping analyst estimates of $912.7 million. First Midwest Bank Trust Division purchased a new stake in shares of Groupon during the third quarter valued at approximately $103,000. Sequentially sales are estimated to grow by 26.69% from Q1's $720.47M.

The standard deviation of the forecasts right before the report proclamation was $0.02. At present, the stock is -22.90% separated from the 52 week high and 56.85% from the low. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 12.53% with $398.59 Million sitting short, betting on future declines. Royal Bank of Canada now owns 33,375 shares of the coupon company's stock valued at $109,000 after buying an additional 14,829 shares in the last quarter.

Receive Groupon, Inc. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Groupon, Inc. with's FREE daily email newsletter. (GRPN) stock has proven to be much more bearish. Earnings, adjusted for one-time gains and costs, came to 7 cents per share. Groupon, Inc. The firm has a 50-day moving average price of $3.50 and a 200-day moving average price of $4.45. The stock ended up at $3.78. The shares were sold at an average price of $3.50, for a total value of $70,000.00.

"Commerzbank Aktiengesellschaft FI Has $1,212,000 Stake in Groupon, Inc". The correct version of this piece can be accessed at On seventh day of the earnings report price change of the stock was -27.00%. (NASDAQ:GRPN) is under coverage by number of analysts. (NASDAQ:GRPN) is $4.87 while their mean recommendation is 2.80 (1=Buy, 5=sell). Jefferies Group LLC reaffirmed a "hold" rating on shares of Groupon in a report on Thursday, October 27th. The Closing price before the company posted its earnings was $5.26. Buy rating has been given by 1 analysts to the company stock whereas 1 analyst given UNDERPERFORM rating to stock and 11 analysts given HOLD rating. The last trading session volume compares with the 11.93M average and market worth floats around 2.19B.

Now insiders hold 12,862,990 shares in the business which makes up 2.24% of shares.

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