Coupa Software Inc (Nasdaq:COUP)
February 13th, 2019
With markets going up Coupa Software Inc fell ($1.24) Wednesday which equals a 1.29% drop, closing at $94.72. Despite the drop in price it hit a new 52 week high of $96.77. While the stock did drop today, remember that it is still trading at 149.07% of its 52 week low of $38.03. Despite the drop in value, trading volumes were solid at 207.00% of normal which can indicate investor opportunities. The next earnings report is expected in approximately 26 days.
COUP was outperformed by the rest of the Information Technology sector which went up 0.14%.
Forecasts from 11 analysts points to the possibility that Coupa Software Inc could drop somewhat (-14.90%), while Finbox has calculated (with medium uncertainty) a fair value price of $59.41.
The market sectors were mixed Wednesday with a majority of the sectors trending up. Energy saw the biggest increase of the day (1.29%), while Utilities saw the biggest drop (-0.31%). Industrials has seen the biggest year-to-date gain at 15.68%.
Energy saw the biggest turnaround from its 5-day performance of -1.99%, as it went up 1.29%. Utilities saw a turn around from its 5-day performance of 1.76% trading down -0.31%.
- Energy went up with a 1.29% change.
- Industrials went up with a 0.63% change.
- Consumer Discretionary went up with a 0.62% change.
- Real Estate went up with a 0.58% change.
- Consumer Staples went up with a 0.25% change.
- Healthcare went up with a 0.25% change.
- Financials went up with a 0.20% change.
- Information Technology went up with a 0.14% change.
- Materials went up with a 0.10% change.
- Communication Services went down with a -0.10% change.
- Utilities went down with a -0.31% change.
Coupa Software Inc Info
Coupa Software Incorporated provides cloud-based spend management platform. The company’s platform connects organization with suppliers globally; and provides visibility into and control over how companies spend money, as well as enables businesses to achieve savings that drive profitability. Its platform consists of procurement, invoicing, and expense management modules that form its transactional engine and capture a company’s spend; and offers supporting modules, including sourcing, spend analysis, contract management, supplier management, and inventory management. The company markets its platform to a range of enterprises in various industries, such as healthcare and pharmaceuticals, retail, financial services, manufacturing, technology, and others primarily through a direct sales force worldwide. The company was founded in 2006 and is headquartered in San Mateo, California.
All amounts in USD unless otherwise indicated
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