The market performance of Coinbase Global Inc has been somewhat stable. Over the past year, the company’s stock achieved a high of $283.48 on 03/25/24, with the lowest value for the same timeframe being $70.42, recorded on 10/27/23.
52-week price history of COIN Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Coinbase Global Inc’s current trading price is -23.95% away from its 52-week high, while its distance from the 52-week low is 206.16%. The stock’s price range during this period has fluctuated between $70.42 and $283.48. Shares of the company, which operates in the Financial sector, recorded a trading volume of around 4.88 million for the day, which was evidently lower than the average daily volume of 8.1 million over the last three months.
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Financial Performance and Market Capitalization
Coinbase Global Inc (COIN) has experienced a quarterly decline of -18.69% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 53.57B 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 205.54, with a change in price of -29.35. Similarly, Coinbase Global Inc recorded 8,057,056 in trading volume during the last 100 days, posting a change of -11.98%.
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 0.53. Similarly, the long-term debt-to-equity ratio is also 0.51.
COIN Stock Stochastic Average
Coinbase Global Inc’s raw stochastic average for the past 50 days is currently at 99.24%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 99.06%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 93.22% and 90.55%, 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. Year to date metric has recorded a gain of 23.97%.However, over the last six months, we can see a weaker performance of 2.18%. Over the last 30 days, the price of COIN has fallen by 28.15%. And in the last five days, it has surged by 22.24%.