(VIANEWS) – Shares of Coinbase (NASDAQ: COIN) jumped 8.35% to $67.11 at 11:07 EST on Friday, after two sequential sessions in a row of losses. NASDAQ is jumping 0.22% to $10,761.57, following the last session’s downward trend. This seems, so far, a somewhat up trend trading session today.

Coinbase’s last close was $61.94, 83.21% below its 52-week high of $368.90.

About Coinbase

Coinbase Global, Inc. is a provider of financial infrastructure and technology to the cryptoeconomy both in the United States as well internationally. It provides the first financial account for cryptoeconomy retailers, a market with liquidity to transact in crypto assets for institutions and technology and services that allow ecosystem partners build crypto-based apps and accept crypto assets securely as payment. Coinbase Global, Inc., was established in 2012. It is located 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 5.05. Meaning,
the purchaser of the share is investing $5.05 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 91.66%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 327.1%, now sitting on 7.84B for the twelve trailing months.

More news about Coinbase (COIN).


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