(VIANEWS) – Shares of Coinbase (NASDAQ: COIN) dropped 9.34% to $58.52 at 11:48 EST on Monday, after five sequential sessions in a row of gains. NASDAQ is jumping 0.41% to $13,294.83, after two sequential sessions in a row of gains. This seems, so far, a somewhat up trend exchanging session today.
About Coinbase
Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. It offers the primary financial account in the cryptoeconomy for consumers; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable developers to build crypto-based applications and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, Delaware.
Earnings Per Share
As for profitability, Coinbase has a trailing twelve months EPS of $-10.57.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Coinbase’s stock is considered to be oversold (<=20).
Volatility
Coinbase’s last week, last month’s, and last quarter’s current intraday variation average was 3.22%, 0.57%, and 4.61%.
Coinbase’s highest amplitude of average volatility was 3.22% (last week), 3.61% (last month), and 4.61% (last quarter).
Volume
Today’s last reported volume for Coinbase is 8116444 which is 48.69% below its average volume of 15818800.
Sales Growth
Coinbase’s sales growth is negative 46% for the ongoing quarter and 45.6% for the next.
More news about Coinbase (COIN).
