A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant gain of 25.82% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -2.20%. Over the past 30 days, the price of COIN has fallen by 17.98%. And in the last five days, it has surged by 27.93%.
The market performance of Coinbase Global Inc has been somewhat stable.
52-week price history of COIN Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Coinbase Global Inc’s current trading price is -11.83% away from its 52-week high, while its distance from the 52-week low is 116.29%. The stock’s price range for this period has been between $142.58 and $349.75. The Financial sector company’s shares saw a trading volume of about 31.47 million for the day, which was higher than the average daily volume of 11.33 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Coinbase Global Inc (COIN) has experienced a quarterly rise of 61.98% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 78.55B and boasts a workforce of 3772 employees.
How Moving Averages and Trading Volume Data Work Together
COIN’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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.
