Groupon Inc stock prices outlook december 15 2011

Groupon Inc stock prices outlook december 15 2011 : Citi Investment Research analyst Mark Mahaney provided the Chicago-based company a “Neutral” rating and marked a price of $24 for its shares, $4 higher than the stock’s IPO price. Mahaney stated Groupon has been “extremely impressive” up to now but must succeed in new segments to make considerable progress, and that could take “significant time to prove out.” Citigroup was one of Groupon’s underwriters when the company made IPO early previous month.

Groupon Inc (NASDAQ:GRPN) last session volume of 2.34 million shares was lesser than its average volume of 4.90 million shares. The stock after opening at $23.00 hit high price of $23.20 and then closed at $22.55 by scoring -3.30%.

The liquidity measure in recent quarter results of the company was recorded 0.61 as current ratio. The Company had total cash at hand $243.93 million and a book value per share as -$0.05 in the most recent quarter.

The stock price volatility was 9.88% for a week and 10.67% for a month as well as price volatility’s Average True Range for 14 days was 2.10 and its total outstanding stocks was 637.80 with 35.00 million floated shares.

GRPN generated revenue of 1.29 billion in the following twelve months and earned -$686.73 million. The Company showed a negative -44.45% in the net profit margin and as well as in its operating margin which remained -42.97%. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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