(VIANEWS) – Shares of Coinbase (NASDAQ: COIN) fell 9.53% to $52.56 at 13:57 EST on Friday, after two successive sessions in a row of losses. NASDAQ is falling 1.26% to $11,196.00, following the last session’s downward trend. This seems, up until now, an all-around negative trend exchanging session today.
Coinbase’s last close was $58.09, 71.91% below its 52-week high of $206.79.
About Coinbase
Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. The company offers the primary financial account in the cryptoeconomy for retailers; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable ecosystem partners to build crypto-based applications and securely accept crypto assets as payment. Coinbase Global, Inc. was founded in 2012 and is based in Wilmington, Delaware.
Earnings Per Share
As for profitability, Coinbase has a trailing twelve months EPS of $13.29.
PE Ratio
Coinbase has a trailing twelve months price to earnings ratio of 3.95. Meaning, the purchaser of the share is investing $3.95 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -22.35%.
Yearly Top and Bottom Value
Coinbase’s stock is valued at $52.56 at 13:57 EST, way under its 52-week high of $206.79 and way higher than its 52-week low of $31.55.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 80% and a drop 100% for the next.
Moving Average
Coinbase’s worth is below its 50-day moving average of $53.34 and way under its 200-day moving average of $60.50.
Revenue Growth
Year-on-year quarterly revenue growth declined by 56.1%, now sitting on 5.04B for the twelve trailing months.
More news about Coinbase (COIN).
