Let’s start up with the current stock price of Coinbase Global Inc. (COIN), which is $237.55 to be very precise. The Stock rose vividly during the last session to $225.74 after opening rate of $223.50 while the lowest price it went was recorded $221.96 before closing at $223.92.
Recently in News on May 28, 2021, INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Coinbase Global, Inc. and Encourages Investors with Losses to Contact the Firm. Los Angeles, California–(Newsfile Corp. – May 28, 2021) – The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Coinbase Global, Inc. (“Coinbase” or “the Company”) (NASDAQ: COIN) for violations of the securities laws. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Coinbase Global Inc. shares are logging -44.70% during the 52-week period from high price, and 14.21% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $208.00 and $429.54.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 3695911 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Coinbase Global Inc. (COIN) recorded performance in the market was -31.79%. At the time of this writing, the total market value of the company is set at 46.29B, as it employees total of 1249 workers.
The Analysts eye on Coinbase Global Inc. (COIN)
During the last month, 10 analysts gave the Coinbase Global Inc. a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for COIN is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical rundown of Coinbase Global Inc. (COIN)
In the last 20 days, the company’s Stochastic %K was 36.17% and its Stochastic %D was recorded 23.57%.
Considering, the past performance of Coinbase Global Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -31.79%. The shares increased approximately by -2.13% in the 7-day charts and went up by -21.05% in the period of the last 30 days.