Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Coinbase Global Inc’s current trading price is -29.23% away from its 52-week high, while its distance from the 52-week low is 120.71%. The stock’s price range during this period has varied between $142.58 and $444.64. The company, active in the Financial sector, saw a trading volume of around 31.25 million for the day, considerably higher average daily volume of 14.54 million observed over the last three months.
Coinbase Global Inc (COIN) current stock price is $314.69. During the last trading session, the stock soared, reaching $510.0 after opening at $314.69. The stock’s lowest point was $185.0 before it closed at $377.76.
Coinbase Global Inc’s stock has seen a smooth market performance.
How Financial Performance Impacts Market Capitalization
Coinbase Global Inc (COIN) has experienced a quarterly rise of 56.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 81.11B and boasts a workforce of 3772 employees.
Decoding Analysts’ Ratings for Coinbase Global Inc
As of right now, 14 analysts are rating Coinbase Global Inc as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 15 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 260.58, with a change in price of +135.46. Similarly, Coinbase Global Inc recorded 12,498,725 in trading volume during the last 100 days, posting a change of +75.58%.
How COIN’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for COIN stands at 0.39. Similarly, the long-term debt-to-equity ratio is also 0.26.
COIN Stock Stochastic Average
As of today, the raw stochastic average of Coinbase Global Inc over the last 50 days is at 37.93%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 3.09%. Further, the company’s Stochastic %K and %D values for the last 20 days were 23.50% and 31.48%, respectively.
COIN Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 40.20%. However, over the last six months, the performance has been weaker by 4.44%. The price of COIN decreased -11.22% over the last 30 days. And in the last five days, it has fallen by -19.65%.
