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Coinbase Global Inc: Analyzing COIN Stock Trends

HCCC Stock

Coinbase Global Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $283.48 on 03/25/24, and the lowest price during the same period was recorded at $46.43 on 06/06/23.

52-week price history of COIN Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Coinbase Global Inc’s current trading price is -20.56% away from its 52-week high, while its distance from the 52-week low is 385.01%. The stock’s price range for this period has remained between $46.43 and $283.48. The Financial sector company’s shares managed to surpass a trading volume of around 10.97 million for the day, which was noticeably lower compared to the shares’ average daily volume of 11.79 million over the last three months.

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Financial Performance and Market Capitalization

Coinbase Global Inc (COIN) has experienced a quarterly rise of 29.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 55.30B and boasts a workforce of 3416 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 196.58, with a change in price of +53.14. Similarly, Coinbase Global Inc recorded 12,881,275 in trading volume during the last 100 days, posting a change of +30.89%.

COIN Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for COIN stands at 0.56. Similarly, the long-term debt-to-equity ratio is also 0.52.

COIN Stock Stochastic Average

As of today, the raw stochastic average of Coinbase Global Inc over the past 50 days is 34.17%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 68.66%. Additionally, the Stochastic %K and %D values for the company were 35.68% and 31.87%, respectively, over the past 20 days.

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. Until today this year the stock’s price performance recorded an increase of 29.48%. However, over the last six months, the performance has been weaker by 132.35%. The price of COIN increased 6.72% over the last 30 days. And in the last five days, it has surged by 12.87%.

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