Coinbase Global Inc (NASDAQ: COIN) kicked off on Monday, up 5.23% from the previous trading day, before settling in for the closing price of $147.35. Over the past 52 weeks, COIN has traded in a range of $69.63-$283.48.
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Financial Sector giant saw their annual sales surged by 147.77% over the last five years. While this was happening, its average annual earnings per share was recorded 1432.23%. With a float of $191.21 million, this company’s outstanding shares have now reached $195.19 million.
The firm has a total of 3416 workers. Let’s measure their productivity. In terms of profitability, gross margin is 80.66%, operating margin of 16.01%, and the pretax margin is 32.93%.
Coinbase Global Inc (COIN) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Financial Data & Stock Exchanges Industry. The insider ownership of Coinbase Global Inc is 23.05%, while institutional ownership is 42.32%. The most recent insider transaction that took place on Sep 03 ’24, was worth 4,013,463. In this transaction Chairman and CEO of this company sold 23,075 shares at a rate of $173.93, taking the stock ownership to the 526 shares. Before that another transaction happened on Sep 03 ’24, when Company’s President & COO sold 8,000 for $176.09, making the entire transaction worth $1,408,682. This insider now owns 189,101 shares in total.
Coinbase Global Inc (COIN) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.01 earnings per share (EPS), higher than consensus estimate (set at -0.53) by 0.52. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.79 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1432.23% per share during the next fiscal year.
Coinbase Global Inc (NASDAQ: COIN) Trading Performance Indicators
Take a look at Coinbase Global Inc’s (COIN) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.16. Likewise, its price to free cash flow for the trailing twelve months is 20.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.56, a number that is poised to hit 0.51 in the next quarter and is forecasted to reach 4.80 in one year’s time.
Technical Analysis of Coinbase Global Inc (COIN)
Analysing the last 5-days average volume posted by the [Coinbase Global Inc, COIN], we can find that recorded value of 8.72 million was lower than the volume posted last year of 10.7 million. As of the previous 9 days, the stock’s Stochastic %D was 6.89%. Additionally, its Average True Range was 12.49.
During the past 100 days, Coinbase Global Inc’s (COIN) raw stochastic average was set at 7.06%, which indicates a significant decrease from 13.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.25% in the past 14 days, which was lower than the 71.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $210.34, while its 200-day Moving Average is $198.50. Now, the first resistance to watch is $158.28. This is followed by the second major resistance level at $161.51. The third major resistance level sits at $165.62. If the price goes on to break the first support level at $150.94, it is likely to go to the next support level at $146.83. Now, if the price goes above the second support level, the third support stands at $143.60.
Coinbase Global Inc (NASDAQ: COIN) Key Stats
The company with the Market Capitalisation of 38.53 billion has total of 245,569K Shares Outstanding. Its annual sales at the moment are 3,108 M in contrast with the sum of 94,870 K annual income. Company’s last quarter sales were recorded 1,450 M and last quarter income was 36,150 K.
