Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Coinbase Global Inc’s current trading price is -35.49% away from its 52-week high, while its distance from the 52-week low is 141.04%. The stock’s price range over this period has fluctuated between $75.87 and $283.48. The company, operating within the financial sector, had a trading volume of approximately 14.4 million for the day, which was noticeably higher than the average daily share volume of 8.52 million over the last 3 months.
Coinbase Global Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $283.48 on 03/25/24 and a low of $75.87 for the same time frame on 11/02/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Coinbase Global Inc (COIN) has experienced a quarterly decline of -3.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 46.71B 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 201.86, with a change in price of -61.32. Similarly, Coinbase Global Inc recorded 8,413,928 in trading volume during the last 100 days, posting a change of -25.11%.
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 0.52. Similarly, the long-term debt-to-equity ratio is also 0.48.
COIN Stock Stochastic Average
Today’s raw stochastic average for Coinbase Global Inc over the last 50 days is 47.26%.This indicates a increase from the raw stochastic average of the past 20 days, which was 33.87%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 47.48% and 67.90%, respectively.
COIN Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant gain of 5.15% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -18.08%. Over the past 30 days, the price of COIN has fallen by 12.13%. And in the last five days, it has fallen by -10.81%.
