Shares of Coupa Software Incorporated (NASDAQ:COUP) traded at a new 52-week high today of $370.46. Approximately 266,000 shares have changed hands today, as compared to an average 30-day volume of 1.1 million shares.
Coupa Software is a cloud-based, business spending management platform that provides companies with more control and visibility into how they spend money. Since it was founded in 2006, Coupa has connected buyers with suppliers and helped buyers save money by improving procurement, expense management, invoice processing, and payments. The company is headquartered in San Mateo, California, and went public in October 2016.
Based on a current price of $364.87, Coupa Software Incorporated is currently 32.9% above its average consensus analyst price target of $244.91.
In the past 52 weeks, shares of Coupa Software Incorporated have traded between a low of $99.01 and a high of $370.46 and is now at $364.87, which is 269% above that low price.
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