Groupon (NASDAQ:GRPN) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Groupon, Inc. (NASDAQ:GRPN - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $21.72 and traded as high as $33.41. Groupon shares last traded at $31.43, with a volume of 1,150,169 shares trading hands.

Analyst Ratings Changes

GRPN has been the topic of a number of research analyst reports. The Goldman Sachs Group boosted their price target on Groupon from $9.00 to $15.00 and gave the stock a "sell" rating in a research note on Monday, May 12th. Roth Capital boosted their price target on Groupon from $33.00 to $47.00 and gave the stock a "buy" rating in a research note on Friday, June 20th. Northland Securities boosted their price target on Groupon from $30.00 to $35.00 and gave the stock an "outperform" rating in a research note on Tuesday, June 3rd. Wall Street Zen lowered Groupon from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Finally, Roth Mkm boosted their price target on Groupon from $21.00 to $24.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $28.00.

Groupon Price Performance

The stock has a market cap of $1.16 billion, a price-to-earnings ratio of -30.59 and a beta of 1.08. The stock has a fifty day moving average of $33.42 and a 200 day moving average of $22.04. The company has a debt-to-equity ratio of 4.23, a current ratio of 0.89 and a quick ratio of 0.89.

Groupon (NASDAQ:GRPN - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The coupon company reported $0.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.20) by $0.38. Groupon had a negative return on equity of 83.07% and a negative net margin of 8.13%. The company had revenue of $117.19 million during the quarter, compared to the consensus estimate of $115.51 million. On average, analysts expect that Groupon, Inc. will post -0.31 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in GRPN. Continental General Insurance Co. purchased a new stake in Groupon in the 1st quarter valued at $42,847,000. Tyro Capital Management LLC purchased a new position in shares of Groupon during the 4th quarter worth $20,964,000. Prentice Capital Management LP grew its holdings in shares of Groupon by 291.3% during the 4th quarter. Prentice Capital Management LP now owns 781,694 shares of the coupon company's stock worth $9,498,000 after purchasing an additional 581,943 shares during the period. Invesco Ltd. grew its holdings in shares of Groupon by 351.8% during the 1st quarter. Invesco Ltd. now owns 261,447 shares of the coupon company's stock worth $4,907,000 after purchasing an additional 203,585 shares during the period. Finally, Prospect Capital Advisors LLC acquired a new position in Groupon during the 4th quarter worth about $2,935,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Groupon Company Profile

Groupon, Inc, together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants. It serves customers through its mobile applications and websites.