Coupa Software Incorporated (NASDAQ:COUP) traded at a new 52-week low today of $211.81. This new low was reached on below average trading volume as 396,000 shares traded hands, while the average 30-day volume is approximately 1.5 million shares.
Coupa Software Incorporated (NASDAQ:COUP) is currently priced 31.8% above its average consensus analyst price target of $151.17.
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.
Over the past year, Coupa Software Incorporated has traded in a range of $211.81 to $377.04 and is now at $221.55.
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