The Insider Activity Speaks Itself: Groupon, Inc. (NASDAQ:GRPN)

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The stock is trading $3.58 its 50-day moving average by -0.2%.

The buoyancy in the outlook of Groupon, Inc. The 18 stock analysts following this company have an average price target at $4.87, with individual PT in the $3.00-$6.50 range. The current consensus estimate compares to last year's same quarter result of $0.04 a share and a decrease of -50%. On an adjusted basis, Groupon earned $0.07 per share. Sequentially sales are estimated to grow by 26.69% from Q1's $720.47M.

However, overall purchases on the platform slipped to $1.70 billion, which was down slightly from $1.71 billion a year earlier.

"Groupon, Inc. (GRPN) Announces Quarterly Earnings Results, Beats Expectations By $0.04 EPS" was first published by The Cerbat Gem and is owned by of The Cerbat Gem. 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.

Last quarter, the company punctuated its earnings two significant announcements that both point to the ongoing consolidation in that market: Groupon announced yet more closures of global offices where business was costing it too much and not giving enough returns, and it acquired LivingSocial. Fuller & Thaler Asset Management Inc. bought a new position in shares of Groupon during the third quarter worth $10,562,000.

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Earnings per share for the recently concluded quarter is expected to come in at $0.02 a share with $912.77M in revenue. The price moves in Groupon, Inc. post earnings have produced an average increase of 4.38% and an average increase of 14.76% on next day and seventh day, sequentially. The stock ended up at $3.78.

"Commerzbank Aktiengesellschaft FI Has $1,212,000 Stake in Groupon, Inc". The analysts offering Earnings Estimates for the company were believing that Groupon, Inc. On seventh day of the earnings report price change of the stock was -27.00%. (NASDAQ:GRPN). It was known after Alpha One counted news for the day. It closed the session at $4.87 with a volume of 65594400 shares. The company also expects to exit 11 countries as part of its streamline and simplify initiative, and Groupon expects to report these countries as discontinued operations beginning in Q1. Post-earnings, GRPN stock ranged between $3.57 and $4.09 after opening the day (04/29/2016) at $4.06.

If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 9/2016, the consensus mean EPS was $-0.08 while Groupon Inc (NASDAQ:GRPN) reported $-0.06 EPS on 10/26/2016 After Market Close with a difference of 0.02 marking a surprise factor of 25.00%. newsite The stock's next day closing price was $4.10 with the loss of -22.05% in its share price.