Shares of Groupon Inc (NASDAQ:GRPN) surged more than 3 percent after it announced on Wednesday that it has appointed Kal Raman as a chief operating officer, though he will accountable in front of CEO Andrew Mason.
After eBay (NASDAQ:EBAY), Raman joined the daily deals provider firm Groupon in April, where he worked as vice president of worldwide fulfillment. He has also gave their services as senior vice president at Amazon.com (NYSE:AMZN). At Groupon, he has been serving as senior vice president of global sales and operations, while he will persist to oversee in his new role. Groupon shares closed trading on Wednesday up 3.8% at $2.73.
Groupon Inc (NASDAQ:GRPN) stock hit highest price at $2.73, beginning with a price of $2.65 and reported increased 3.80% to the closed at $2.73 with day range of $2.65-$2.73. The total market capitalization remained $1.79 billion; total volume held in the session was 15.14 million shares surprisingly lower than its average volume of 16.73 million shares.
To check the Stocks ups and downs, GRPN last week stock price volatility remained 6.72% and month was at 6.43%. GRPN generated revenue of 2.19 billion in the following twelve months income of $-51.67 billion. The Company showed a negative -1.40% in the net profit margin and in addition to in its operating margin which remained 4.41%.
The GRPN past twelve months price to sales ratio was 0.82 and price to cash ratio remained 1.49. As far as if notice on other major contributors of similar sectors have sale ratio and price to cash ratio remained Facebook Inc (NASDAQ:FB)’s P/S 10.45% P/C 4.63%, Yahoo! Inc. (NASDAQ:YHOO)’s P/S 4.25% P/C 2.51%, Baidu.com, Inc. (ADR) (NASDAQ:BIDU)’s P/S 9.98% P/C 9.58%, Zynga Inc (NASDAQ:ZNGA)’s P/S 1.31% P/C 1.27%.