Coinbase Global Inc (COIN) is heading in the right direction with an average volume of $8.30M

As on Thursday, Coinbase Global Inc (NASDAQ: COIN) started slowly as it slid -15.34% to $179.25, before settling in for the price of $211.74 at the close. Taking a more long-term approach, COIN posted a 52-week range of $73.56-$283.48.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that the giant of the Financial sector posted annual sales growth of 147.77% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 1369.13%. This publicly-traded company’s shares outstanding now amounts to $195.19 million, simultaneously with a float of $191.43 million. The organization now has a market capitalization sitting at $44.54 billion. At the time of writing, stock’s 50-day Moving Average stood at $181.86, while the 200-day Moving Average is $205.36.

Coinbase Global Inc (COIN) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Financial Data & Stock Exchanges industry. Coinbase Global Inc’s current insider ownership accounts for 22.96%, in contrast to 42.52% institutional ownership. According to the most recent insider trade that took place on Oct 25 ’24, this organization’s Chief Legal Officer sold 10,000 shares at the rate of 209.98, making the entire transaction reach 2,099,768 in total value, affecting insider ownership by 74,956. Preceding that transaction, on Oct 16 ’24, Company’s Director sold 400 for 204.44, making the whole transaction’s value amount to 81,776. This particular insider is now the holder of 7,771 in total.

Coinbase Global Inc (COIN) Earnings and Revenue Records

Coinbase Global Inc’s EPS increase for this current 12-month fiscal period is 1369.13% and is forecasted to reach 4.28 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 12.97. Alongside those numbers, its PE Ratio stands at $32.25, and its Beta score is 3.35. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.28. Similarly, its price to free cash flow for trailing twelve months is now 23.59.

In the same vein, COIN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.56, a figure that is expected to reach 0.58 in the next quarter, and analysts are predicting that it will be 4.28 at the market close of one year from today.

Technical Analysis of Coinbase Global Inc (COIN)

Through scrutinizing the latest numbers posted by the [Coinbase Global Inc, COIN], it can be observed that its last 5-days Average volume of 11.93 million was better the volume of 10.43 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 48.33% While, its Average True Range was 13.89.

Raw Stochastic average of Coinbase Global Inc (COIN) in the period of the previous 100 days is set at 26.20%, which indicates a major rise in contrast to 2.15% 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 105.96% that was higher than 72.72% volatility it exhibited in the past 100-days period.