(VIANEWS) – Shares of Coinbase (NASDAQ: COIN) fell by a staggering 17.99% in 7 days from $77.17 to $63.29 at 13:37 EST on Thursday, after five consecutive sessions in a row of losses. NASDAQ is falling 1.48% to $11,054.53, after two sequential sessions in a row of losses.
Coinbase’s last close was $67.64, 81.66% below its 52-week high of $368.90.
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 cryptoeconomists; an exchange that allows institutions to transact in crypto assets; technology and services that allow ecosystem partners and developers of crypto-based apps and secure crypto asset payment. Coinbase Global, Inc., was established in 2012. It is located in Wilmington, Delaware.
Today’s last reported volume for Coinbase is 7073751 which is 49.37% below its average volume of 13972319.
The company’s growth estimates for the current quarter and the next is a negative 97.7% and a negative 101.2%, respectively.
Year-on-year quarterly revenue growth grew by 327.1%, now sitting on 7.84B for the twelve trailing months.
Coinbase’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.01%, a negative 0.87%, and a positive 6.49%, respectively.
Coinbase’s highest amplitude of average volatility was 5.45% (last week), 4.24% (last month), and 6.49% (last quarter), respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Coinbase’s stock is considered to be overbought (>=80).
Coinbase’s Stock Yearly Top and Bottom Value
Coinbase’s stock is valued at $63.29 at 13:38 EST, way below its 52-week high of $368.90 and way above its 52-week low of $40.83.
Coinbase’s Moving Average
Coinbase’s value is way under its 50-day moving average of $107.90 and way under its 200-day moving average of $210.61.
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