(VIANEWS) – The NASDAQ ended the session with Coinbase rising 10.93% to $75.19 on Friday, after five successive sessions in a row of gains. NASDAQ fell 0.74% to $11,630.51, after four sequential sessions in a row of gains, on what was a somewhat bearish trend trading session today.
Coinbase’s last close was $67.78, 67.22% below its 52-week high of $206.79.
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.
Coinbase has a trailing twelve months price to earnings ratio of 5.66. Meaning, the purchaser of the share is investing $5.66 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%.
Year-on-year quarterly revenue growth declined by 56.1%, now sitting on 5.04B for the twelve trailing months.
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