Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -8.20%. However, over the last six months, the performance has been weaker by 10.53%. The price of COIN decreased -22.99% over the last 30 days. And in the last five days, it has fallen by -16.90%.
Coinbase Global Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $349.75 on 12/06/24, while the lowest price for the same period was registered at $146.12 on 09/06/24.
52-week price history of COIN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Coinbase Global Inc’s current trading price is -34.82% away from its 52-week high, while its distance from the 52-week low is 56.00%. The stock’s price range during this period has varied between$146.12 and $349.75. The Coinbase Global Inc’s shares, which operate in the Financial, saw a trading volume of around 3.72 million for the day, a figure considerably lower than their average daily volume of 9.62 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Coinbase Global Inc (COIN) has experienced a quarterly decline of -29.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 57.87B and boasts a workforce of 3772 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 260.34, with a change in price of +38.38. Similarly, Coinbase Global Inc recorded 11,560,426 in trading volume during the last 100 days, posting a change of +20.07%.
COIN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for COIN stands at 0.45. Similarly, the long-term debt-to-equity ratio is also 0.42.
COIN Stock Stochastic Average
As of today, Coinbase Global Inc’s raw stochastic average for the last 50 days stands at 5.54%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 6.91%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 6.02% and 5.72%, respectively.
