Coinbase Global Inc (NASDAQ: COIN) on Monday, soared 5.39% from the previous trading day, before settling in for the closing price of $205.04. Within the past 52 weeks, COIN’s price has moved between $70.42 and $283.48.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 147.77%. The company achieved an average annual earnings per share of 1417.88%. With a float of $191.42 million, this company’s outstanding shares have now reached $195.19 million.
Considering the fact that the conglomerate employs 3416 people, you should pay attention to its efficiency factor. 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
Observing investor behavior towards Financial Data & Stock Exchanges industry stocks is more important than anything else. The insider ownership of Coinbase Global Inc is 22.96%, while institutional ownership is 42.37%. The most recent insider transaction that took place on Oct 16 ’24, was worth 81,776. In this transaction Director of this company sold 400 shares at a rate of $204.44, taking the stock ownership to the 7,771 shares. Before that another transaction happened on Oct 15 ’24, when Company’s Chief Financial Officer sold 5,250 for $195.25, making the entire transaction worth $1,025,083. This insider now owns 169,786 shares in total.
Coinbase Global Inc (COIN) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.01 earnings per share (EPS) for the period topping the consensus outlook (set at -0.53) by 0.52. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.71 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1417.88% per share during the next fiscal year.
Coinbase Global Inc (NASDAQ: COIN) Trading Performance Indicators
Coinbase Global Inc (COIN) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.98. Likewise, its price to free cash flow for the trailing twelve months is 28.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.56, a number that is poised to hit 0.46 in the next quarter and is forecasted to reach 4.48 in one year’s time.
Technical Analysis of Coinbase Global Inc (COIN)
Compared to the last year’s volume of 10.39 million, its volume of 9.5 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 69.91%. Additionally, its Average True Range was 11.75.
During the past 100 days, Coinbase Global Inc’s (COIN) raw stochastic average was set at 55.35%, which indicates a significant decrease from 92.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.13% in the past 14 days, which was higher than the 68.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $181.80, while its 200-day Moving Average is $204.30. Nevertheless, the first resistance level for the watch stands at $219.23 in the near term. At $222.37, the stock is likely to face the second major resistance level. The third major resistance level sits at $226.73. If the price goes on to break the first support level at $211.73, it is likely to go to the next support level at $207.37. Now, if the price goes above the second support level, the third support stands at $204.23.
Coinbase Global Inc (NASDAQ: COIN) Key Stats
Market capitalization of the company is 53.70 billion based on 245,569K outstanding shares. Right now, sales total 3,108 M and income totals 94,870 K. The company made 1,450 M in profit during its latest quarter, and 36,150 K in sales during its previous quarter.
