A new trading day began on Friday, with Coinbase Global Inc (NASDAQ: COIN) stock price down -4.75% from the previous day of trading, before settling in for the closing price of $310.98. COIN’s price has ranged from $114.51 to $341.75 over the past 52 weeks.
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Financial Sector giant saw their annual sales surged by 147.77% over the last five years. Meanwhile, its annual earnings per share averaged 1376.02%. With a float of $192.88 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 85.55%, operating margin of 28.05%, and the pretax margin is 32.14%.
Coinbase Global Inc (COIN) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Financial Data & Stock Exchanges Industry. The insider ownership of Coinbase Global Inc is 22.97%, while institutional ownership is 42.73%. The most recent insider transaction that took place on Nov 25 ’24, was worth 7,682,580. In this transaction Chairman and CEO of this company sold 25,000 shares at a rate of $307.30, taking the stock ownership to the 526 shares. Before that another transaction happened on Nov 25 ’24, when Company’s Director sold 26,649 for $308.14, making the entire transaction worth $8,211,751. This insider now owns 0 shares in total.
Coinbase Global Inc (COIN) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 1376.02% per share during the next fiscal year.
Coinbase Global Inc (NASDAQ: COIN) Trading Performance Indicators
Here are Coinbase Global Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.95. Likewise, its price to free cash flow for the trailing twelve months is 34.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.85, a number that is poised to hit 0.66 in the next quarter and is forecasted to reach 3.98 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 12.58 million was better than the volume posted last year of 11.2 million. As of the previous 9 days, the stock’s Stochastic %D was 40.28%. Additionally, its Average True Range was 24.31.
During the past 100 days, Coinbase Global Inc’s (COIN) raw stochastic average was set at 76.72%, which indicates a significant increase from 32.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 116.92% in the past 14 days, which was higher than the 93.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $225.34, while its 200-day Moving Average is $220.55. Now, the first resistance to watch is $309.73. This is followed by the second major resistance level at $323.26. The third major resistance level sits at $330.22. If the price goes on to break the first support level at $289.24, it is likely to go to the next support level at $282.28. Should the price break the second support level, the third support level stands at $268.75.
Coinbase Global Inc (NASDAQ: COIN) Key Stats
With a market capitalization of 70.63 billion, the company has a total of 250,350K Shares Outstanding. Currently, annual sales are 3,108 M while annual income is 94,870 K. The company’s previous quarter sales were 1,205 M while its latest quarter income was 75,500 K.
