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Coinbase Stock Rises 9% So Far On Tuesday, Outperforms Market

(VIANEWS) – Shares of Coinbase (NASDAQ: COIN) rose 9.91% to $89.26 at 14:52 EST on Tuesday, after four consecutive sessions in a row of gains. NASDAQ is jumping 0.21% to $13,714.71, following the last session’s upward trend. This seems, at the moment, a somewhat up trend trading 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 $-11.08.

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).

Sales Growth

Coinbase’s sales growth is negative 46% for the ongoing quarter and 45.6% for the next.

Volume

Today’s last reported volume for Coinbase is 27994272 which is 86.35% above its average volume of 15022100.

Volatility

Coinbase’s last week, last month’s, and last quarter’s current intraday variation average was 0.01%, 2.29%, and 3.97%.

Coinbase’s highest amplitude of average volatility was 1.35% (last week), 3.37% (last month), and 3.97% (last quarter).

More news about Coinbase (COIN).

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