During the last session, Coinbase Global Inc (NASDAQ:COIN)’s traded shares were 8.19 million, with the beta value of the company hitting 3.63. At the end of the trading day, the stock’s price was $214.17, reflecting an intraday loss of -3.72% or -$8.28. The 52-week high for the COIN share is $349.75, that puts it down -63.3 from that peak though still a striking 31.77% gain since the share price plummeted to a 52-week low of $146.12. The company’s market capitalization is $54.37B, and the average trade volume was 9.30 million shares over the past three months.
Coinbase Global Inc (COIN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.37. COIN has a Sell rating from 3 analyst(s) out of 37 analysts who have looked at this stock. 11 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 23 recommend a Buy rating for it.
Coinbase Global Inc (NASDAQ:COIN) trade information
Coinbase Global Inc (COIN) registered a -3.72% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -3.72% in intraday trading to $214.17, hitting a weekly high. The stock’s 5-day price performance is 2.78%, and it has moved by -23.62% in 30 days. Based on these gigs, the overall price performance for the year is -6.54%.
The consensus price target of analysts on Wall Street is $295, which implies an increase of 27.4% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $185 and $420 respectively. As a result, COIN is trading at a discount of -96.11% off the target high and 13.62% off the low.
While earnings are projected to return -21.91% in 2025, the next five years will return -9.22% per annum.
COIN Dividends
Coinbase Global Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 10.98 million shares, is of BLACKROCK INC.’s that is approximately 4.5233% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.44 billion.
