A Closer Look at Coinbase Global Inc (COIN) Stock Gains

Coinbase Global Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $187.39 on 12/28/23 and the lowest value was $46.43 on 06/06/23.

52-week price history of COIN Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Coinbase Global Inc’s current trading price is -21.39% away from its 52-week high, while its distance from the 52-week low is 217.27%. The stock’s price range during the 52-week period has remained between $46.43 and $187.39. In the Financial sector, the company’s shares saw a trading volume of around 10.93 million for the day, which was evidently higher than the average daily volume of 0.82 over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Coinbase Global Inc (COIN) has experienced a quarterly rise of 58.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 35.24B.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 113.87, with a change in price of +69.18. Similarly, Coinbase Global Inc recorded 11,443,853 in trading volume during the last 100 days, posting a change of +88.54%.

Examining COIN’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for COIN stands at 0.55. Similarly, the long-term debt-to-equity ratio is also 0.52.

COIN Stock Stochastic Average

As of today, Coinbase Global Inc’s raw stochastic average for the last 50 days stands at 45.01%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 91.52%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 73.92% and 48.01%, respectively.

COIN Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price loss of -15.30% this year. Over the last six months, there has been a weaker performance of 81.84%. The price of COIN fallen by 4.36% during the last 30 days period. For the last 5-days stocks have improved 25.58%.

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