Chicago based Groupon Inc (NASDAQ:GRPN) announced that the company has appointed Austrian Veit Dengler senior vice president of international operations, valuing fresh blood to lead the corporation’s abroad business that previously accounts for well over half of the young online-coupon source’s revenue.
Groupon reported in a statement issued on Thursday that Dengler will took over for Marc Samwer, who had linked with the corporation as part of its 2010 purchase of German firm Citydeal. Groupon further reported that the change was “long planned.” [article_latestnews_1]
Amazon.com, Inc. (NASDAQ:AMZN) fell -1.73% to settle at $188.46, Stamps.com Inc. (NASDAQ:STMP) moved down -1.43% to end at $28.23 while Vipshop Holdings Ltd – ADR (NYSE:VIPS) surged +3.66% to finish on Friday at $4.82.
Groupon Inc (NASDAQ:GRPN) last session volume of 1.95 million shares was surprisingly lower than its average volume of 2.95 million shares. The stock after opening at $13.52 hit high price of $13.55 and then closed at $13.12 by scoring -3.24%.
The liquidity measure in recent quarter results of the company was recorded 1.33 as current ratio and on the other side the debt to equity ratio was 0.00 and long-term debt to equity ratio also remained 0.00. The Company had total cash at hand $1.12 billion and a book value per share as $1.09 in the most recent quarter.
The stock price volatility was 6.51% for a week and 5.50% for a month as well as price volatility’s Average True Range for 14 days was 0.97.
GRPN generated revenue of 1.61 billion in the following twelve months and earned -$279.86 million. The Company showed a negative -18.49% in the net profit margin and as well as in its operating margin which remained -14.49%. Company’s quarterly sales growth was +185.77%.
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