InvestorsObserver
×
News Home

What is the Market's View on Groupon Inc Common Stock (GRPN) Stock's Price and Volume Trends Monday?

Monday, September 11, 2023 11:40 AM | InvestorsObserver Analysts

Mentioned in this article

What is the Market's View on Groupon Inc Common Stock (GRPN) Stock's Price and Volume Trends Monday?

The market has been high on Groupon Inc Common Stock (GRPN) stock recently. GRPN gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Groupon Inc Common Stock has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GRPN!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With GRPN Stock Today?

Groupon Inc Common Stock (GRPN) stock is trading at $12.42 as of 11:31 AM on Monday, Sep 11, an increase of $0.38, or 3.17% from the previous closing price of $12.04. The stock has traded between $11.95 and $12.91 so far today. Volume today is low. So far 660,222 shares have traded compared to average volume of 1,439,103 shares. To screen for more stocks like Groupon Inc Common Stock click here.

More About Groupon Inc Common Stock

Groupon acts as the middleman between consumers and merchants, offering a variety of products and services at discounts via its online store. It offers consumers daily deals (in the form of online vouchers) from local merchants. Groupon also sells products directly to consumers. It generates revenue from the take rate on the purchase and/or usage of the vouchers (40% of total revenue) and from direct sales (60% of total revenue). More than 65% of Groupon's revenue comes from North America. Click Here to get the full Stock Report for Groupon Inc Common Stock stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App