Coinbase Global Inc (NASDAQ:COIN) price is hovering lower on Tuesday, April 16, dropping -6.60% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $223.41. The company’s P/E ratio in the trailing 12-month period read 774.31. Taking into account the 52-week price action we note that the stock hit a 52-week high of $283.48 and 52-week low of $46.43. The stock subtracted -13.90% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give COIN a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that COIN’s price is at present -17.12% off the SMA20 and -2.40% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 40.41, with weekly volatility standing at 7.72%. The indicator jumps to 7.09% when calculated based on the past 30 days. Coinbase Global Inc (NASDAQ:COIN)’s beta value is holding at 3.44, while the average true range (ATR) indicator is currently reading 18.04.
An analysis of the Coinbase Global Inc (NASDAQ:COIN) stock in terms of its daily trading volume indicates that the 3-month average is 13.34 million.
Current records show that the company has 195.19M in outstanding shares. The insiders’ percentage holdings are 30.04% of outstanding shares while the percentage share held by institutions stands at 40.19%. But the 19.98% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
