Currently, there are 204.85M common shares owned by the public and among those 193.03M shares have been available to trade.
The company’s stock has a 5-day price change of 2.31% and 34.32% over the past three months. COIN shares are trading 14.54% year to date (YTD), with the 12-month market performance up to 121.85% higher. It has a 12-month low price of $114.51 and touched a high of $349.75 over the same period. COIN has an average intraday trading volume of 12.56 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.36%, -2.16%, and 22.35% respectively.
Institutional ownership of Coinbase Global Inc (NASDAQ: COIN) shares accounts for 42.47% of the company’s 204.85M shares outstanding.
It has a market capitalization of $71.20B and a beta (3y monthly) value of 3.61. The stock’s trailing 12-month PE ratio is 48.62, while the earnings-per-share (ttm) stands at $5.85. The company has a debt-to-equity ratio at 0.52. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.45% over the week and 5.97% over the month.
Earnings per share for the fiscal year are expected to increase by 1651.66%, and -22.01% over the next financial year.
Looking at the support for the COIN, a number of firms have released research notes about the stock. Mizuho stated their Outperform rating for the stock in a research note on January 29, 2025, with the firm’s price target at $250-$290. Monness Crespi & Hardt coverage for the Coinbase Global Inc (COIN) stock in a research note released on December 19, 2024 offered a Buy rating with a price target of $390. Oppenheimer was of a view on November 25, 2024 that the stock is Outperform, while Monness Crespi & Hardt gave the stock Buy rating on October 28, 2024, issuing a price target of $245. B. Riley Securities on their part issued Neutral rating on October 23, 2024.
