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 an increase of 3.67%. However, over the last six months, the performance has been stronger by -17.23%. The price of COIN increased 25.61% over the last 30 days. And in the last five days, it has fallen by -3.37%.
Coinbase Global Inc experienced a somewhat steady performance in the stock market.
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 -26.40% away from its 52-week high, while its distance from the 52-week low is 80.54%. The stock’s price range during this period has varied between$142.58 and $349.75. The Coinbase Global Inc’s shares, which operate in the Financial, saw a trading volume of around 4.55 million for the day, a figure considerably lower than their average daily volume of 10.93 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Coinbase Global Inc (COIN) has experienced a quarterly rise of 21.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 65.56B and boasts a workforce of 3772 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
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 0.44. Similarly, the long-term debt-to-equity ratio is also 0.41.
