Shares of Groupon Inc Common Stock (NASDAQ:GRPN) reached a new 52-week low on Tuesday . The company traded as low as $3.84 and last traded at $3.92, with a volume of 204745 shares. The stock had previously closed at $3.90.

A number of research firms have weighed in on GRPN. BidaskClub cut shares of Groupon Inc Common Stock from a “buy” rating to a “hold” rating in a report on Wednesday, May 23rd. Zacks Investment Research cut shares of Groupon Inc Common Stock from a “buy” rating to a “hold” rating in a report on Thursday, August 9th. Barclays reissued a “sell” rating and set a $4.50 price objective on shares of Groupon Inc Common Stock in a report on Sunday, August 5th. Finally, Morgan Stanley raised their price objective on shares of Groupon Inc Common Stock from $4.60 to $4.80 and gave the stock an “equal weight” rating in a report on Wednesday, July 11th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Groupon Inc Common Stock currently has an average rating of “Hold” and an average price target of $5.65.

The firm has a market cap of $2.21 billion, a P/E ratio of 194.00, a price-to-earnings-growth ratio of 22.17 and a beta of 1.59. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.92 and a current ratio of 0.92.

Groupon Inc Common Stock (NASDAQ:GRPN) last announced its earnings results on Friday, August 3rd. The coupon company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). The business had revenue of $617.40 million during the quarter, compared to analyst estimates of $632.20 million. Groupon Inc Common Stock had a negative net margin of 1.97% and a negative return on equity of 27.12%. The business’s revenue was down 6.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.02 earnings per share. research analysts predict that Groupon Inc Common Stock will post 0.06 EPS for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in GRPN. Wells Fargo & Company MN increased its stake in Groupon Inc Common Stock by 137.2% in the 1st quarter. Wells Fargo & Company MN now owns 3,631,886 shares of the coupon company’s stock valued at $15,762,000 after buying an additional 2,101,043 shares during the period. Mackay Shields LLC acquired a new position in Groupon Inc Common Stock in the 1st quarter valued at $485,000. American Century Companies Inc. acquired a new position in Groupon Inc Common Stock in the 1st quarter valued at $3,625,000. Prudential Financial Inc. increased its stake in Groupon Inc Common Stock by 17.8% in the 1st quarter. Prudential Financial Inc. now owns 7,209,959 shares of the coupon company’s stock valued at $31,291,000 after buying an additional 1,087,430 shares during the period. Finally, Swiss National Bank increased its stake in Groupon Inc Common Stock by 2.5% in the 1st quarter. Swiss National Bank now owns 726,266 shares of the coupon company’s stock valued at $3,152,000 after buying an additional 17,400 shares during the period. 66.82% of the stock is currently owned by institutional investors.

About Groupon Inc Common Stock (NASDAQ:GRPN)

Groupon, Inc operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America and internationally. The company provides deals in various categories, including events and activities, beauty and spa, health and fitness, food and drink, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelries, toys, household items, and apparel, as well as provides discounted and market rates for hotel, airfare, and package deals.

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