Coinbase Global Inc (NASDAQ:COIN) currently has a daily average trading volume of 8.12M but it saw 10251047 shares traded in last market. With a market cap of 49.43B USD, the company’s current market price of $198.93 came falling about -5.60 while comparing to the previous closing price of $210.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $283.48 and as low as $70.42. In the recent trading on the day, stock has struck highest price mark of $194.6 while lowest mark touched by it was $209.7.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the B. Riley Securities which initiated the stock as “Neutral” in its note to investors issued on October 23, 2024, recommending a price target of $185 for it. Barclays upgraded its recommendation for the stock as a “Equal Weight” from “Underweight” on September 06, 2024 while assigning a price target range of $206-$169. Citigroup issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $260 and $345.
Over the week, COIN’s stock price is moving -5.49% down while it is 15.87% when we observe its performance for the past one month. Year-to-date it is 14.38% up and over the past year, the stock is showing an upside performance of 157.65%.
Currently, Coinbase Global Inc’s total number of outstanding shares is 195.19M. Company’s return on investment (ROI) stands at 11.77% and return on equity (ROE) at 20.99%. It has a price to earnings ratio (P/E ratio) of 35.79 while having a 44.57 of forward P/E ratio. Stock’s beta reads 3.36. Stock has a price to book (P/B) ratio of 5.90 while price to sale or P/S ratio amounts to 9.19. Its return on asset (ROA) is 0.70% on average.
