Coinbase Global Inc (NASDAQ: COIN) started the day on Wednesday, with a price decrease of -4.88% at $245.06, before settling in for the price of $257.63 at the close. Taking a more long-term approach, COIN posted a 52-week range of $69.63-$283.48.
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The Financial sector firm’s twelve-monthly sales growth has been 147.77% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 1877.76%. This publicly-traded company’s shares outstanding now amounts to $195.19 million, simultaneously with a float of $188.35 million. The organization now has a market capitalization sitting at $60.18 billion. At the time of writing, stock’s 50-day Moving Average stood at $232.42, while the 200-day Moving Average is $180.31.
Coinbase Global Inc (COIN) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Financial Data & Stock Exchanges Industry. Coinbase Global Inc’s current insider ownership accounts for 23.30%, in contrast to 39.83% institutional ownership. According to the most recent insider trade that took place on Jul 15 ’24, this organization’s Chief Financial Officer sold 4,500 shares at the rate of 229.09, making the entire transaction reach 1,030,909 in total value, affecting insider ownership by 182,903. Preceding that transaction, on Jul 15 ’24, Company’s President & COO sold 1,500 for 229.70, making the whole transaction’s value amount to 344,550. This particular insider is now the holder of 196,471 in total.
Coinbase Global Inc (COIN) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 3/31/2024, the organization reported -0.42 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -0.77) by 0.35. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.93 per share during the current fiscal year.
Coinbase Global Inc’s EPS increase for this current 12-month fiscal period is 1877.76% and is forecasted to reach 5.69 in the upcoming year.
Coinbase Global Inc (NASDAQ: COIN) Trading Performance Indicators
Let’s observe the current performance indicators for Coinbase Global Inc (COIN). The Stock has managed to achieve an average true range (ATR) of 15.44. Alongside those numbers, its PE Ratio stands at $48.94, and its Beta score is 3.41. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 12.91. Similarly, its price to free cash flow for trailing twelve months is now 44.07.
In the same vein, COIN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.01, a figure that is expected to reach 0.94 in the next quarter, and analysts are predicting that it will be 5.69 at the market close of one year from today.
Technical Analysis of Coinbase Global Inc (COIN)
If we take a close look at the recent performances of Coinbase Global Inc (NASDAQ: COIN), its last 5-days Average volume was 10.01 million that shows plunge from its year to date volume of 11.42 million. During the previous 9 days, stock’s Stochastic %D was recorded 75.22% While, its Average True Range was 16.25.
Raw Stochastic average of Coinbase Global Inc (COIN) in the period of the previous 100 days is set at 56.61%, which indicates a major rise in contrast to 56.43% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 75.66% that was lower than 76.12% volatility it exhibited in the past 100-days period.
