Coinbase Stock Impressive Rise On Monday, Outperforms Market

(VIANEWS) – The NASDAQ ended the session with Coinbase jumping 10.7% to $59.16 on Monday, after four consecutive sessions in a row of losses. NASDAQ rose 0.45% to $11,188.84, after two successive sessions in a row of losses, on what was a somewhat positive trend trading session today.

Coinbase’s last close was $53.44, 74.16% 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 4.45. Meaning, the purchaser of the share is investing $4.45 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%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 80% and a drop 100% for the next.

Volatility

Coinbase’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.17%, a negative 0.98%, and a positive 5.94%.

Coinbase’s highest amplitude of average volatility was 1.01% (last week), 5.14% (last month), and 5.94% (last quarter).

More news about Coinbase (COIN).

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