On Friday, Coinbase Global Inc (NASDAQ: COIN) was -0.76% drop from the session before settling in for the closing price of $312.96. A 52-week range for COIN has been $114.51 – $349.75.
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Annual sales at Financial sector company grew by 147.77% over the past five years. When this article was written, the company’s average yearly earnings per share was at 1489.33%. With a float of $193.00 million, this company’s outstanding shares have now reached $204.85 million.
Let’s look at the performance matrix of the company that is accounted for 3416 employees. 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Coinbase Global Inc stocks. The insider ownership of Coinbase Global Inc is 22.91%, while institutional ownership is 42.78%. The most recent insider transaction that took place on Dec 13 ’24, was worth 7,764,500. Before that another transaction happened on Dec 09 ’24, when Company’s Director sold 34,263 for $337.64, making the entire transaction worth $11,568,627. This insider now owns 0 shares in total.
Coinbase Global Inc (COIN) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1489.33% per share during the next fiscal year.
Coinbase Global Inc (NASDAQ: COIN) Trading Performance Indicators
You can see what Coinbase Global Inc (COIN) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.05. Likewise, its price to free cash flow for the trailing twelve months is 38.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.85, a number that is poised to hit 1.19 in the next quarter and is forecasted to reach 4.21 in one year’s time.
Technical Analysis of Coinbase Global Inc (COIN)
Coinbase Global Inc (NASDAQ: COIN) saw its 5-day average volume 10.66 million, a negative change from its year-to-date volume of 11.26 million. As of the previous 9 days, the stock’s Stochastic %D was 30.11%. Additionally, its Average True Range was 22.82.
During the past 100 days, Coinbase Global Inc’s (COIN) raw stochastic average was set at 80.76%, which indicates a significant increase from 35.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.24% in the past 14 days, which was lower than the 92.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $254.07, while its 200-day Moving Average is $227.26. Nevertheless, the first resistance level for the watch stands at $316.76 in the near term. At $322.93, the stock is likely to face the second major resistance level. The third major resistance level sits at $328.69. If the price goes on to break the first support level at $304.83, it is likely to go to the next support level at $299.07. Assuming the price breaks the second support level, the third support level stands at $292.90.
Coinbase Global Inc (NASDAQ: COIN) Key Stats
There are 250,350K outstanding shares of the company, which has a market capitalization of 77.16 billion. As of now, sales total 3,108 M while income totals 94,870 K. Its latest quarter income was 1,205 M while its last quarter net income were 75,500 K.
