The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Coinbase Global Inc’s current trading price is -40.41% away from its 52-week high, while its distance from the 52-week low is 139.88%. The stock’s price range for this period has been between $70.42 and $283.48 The company’s shares, which are part of the Financial sector, had a trading volume of approximately 6.74 million for the day, a number notably lower than the average daily volume of 7.77 million over the last three months.
In terms of market performance, Coinbase Global Inc had a fairly even. The highest value for the stock in the past year was $283.48 on 03/25/24, and the lowest value was recorded at $70.42 on 10/27/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Coinbase Global Inc (COIN) has experienced a quarterly decline of -23.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 41.97B and boasts a workforce of 3416 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 208.66, with a change in price of -34.13. Similarly, Coinbase Global Inc recorded 8,069,607 in trading volume during the last 100 days, posting a change of -16.81%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for COIN stands at 0.53. Similarly, the long-term debt-to-equity ratio is also 0.51.
COIN Stock Stochastic Average
As of today, Coinbase Global Inc’s raw stochastic average for the last 50 days stands at 20.86%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 45.20%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 43.90% and 41.65%, respectively.
COIN Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -2.87% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -34.27%. Over the past 30 days, the price of COIN has fallen by 14.64%. And in the last five days, it has fallen by -5.19%.
