March 8, 2021

Stock News Alert: Coupa Software Incorporated (NASDAQ:COUP)

Coupa Software Incorporated (NASDAQ:COUP) stock observed trading -8.38% off 52-week high price. On the other end, the stock has been noted 227.18% away from low price over the last 52-weeks. The stock disclosed a move of 9.25% away from 50 day moving average and 32.53% away from 200 day moving average. Moving closer, we can see that shares have been trading 5.27% off 20-day moving average. It has market cap of $22.37B.

On Dec. 7, 2020, Coupa Software Incorporated (NASDAQ:COUP) declared financial results for its third fiscal quarter ended October 31, 2020.

Third Quarter Results:

  • Total revenues were $133.0 million, an increase of 31% compared to the same period last year. Subscription revenues were $118.1 million, an increase of 31% compared to the same period last year.
  • GAAP operating loss was $33.6 million, compared to a GAAP operating loss of $16.9 million for the same period last year. Non-GAAP operating income was $14.3 million, compared to a non-GAAP operating income of $11.6 million for the same period last year.
  • GAAP net loss was $60.8 million, compared to a GAAP net loss of $26.3 million for the same period last year. GAAP net loss per basic and diluted share was $0.88, compared to a GAAP net loss per basic and diluted share of $0.42 for the same period last year. Non-GAAP net income was $13.0 million, compared to a non-GAAP net income of $14.2 million for the same period last year. Non-GAAP net income per diluted share was $0.18, compared to non-GAAP net income per diluted share of $0.20 for the same period last year.
  • Operating cash flows and adjusted free cash flows were positive $19.0 million and $17.3 million, respectively.

The USA based company Coupa Software Incorporated moved with change of 1.82% to $323.94 with the total traded volume of 2084191 shares in recent session versus to an average volume of 1.23M. The stock was observed in the 5 days activity at -1.51%. The one month performance of stock was 4.00%. COUP’s shares are at 17.07% for the quarter and driving a 115.16% return over the course of the past year and is now at 121.50% since this point in 2018.  Right now the stock beta is 1.54. The average volatility for the week and month was at 3.64% and 4.57% respectively. There are 67.60M shares outstanding and 64.21M shares are floated in market.