Shares of Coinbase (COIN) fell by a staggering 25.61% in 30 days from $300.71 to $223.70 at 14:47 EST on Thursday, following the last session’s upward trend. NASDAQ Composite (COIN) is rising 0.8% to $14,022.61, following the last session’s downward trend,
Coinbase’s last close was $224.32, 47.78% below its 52-week high of $429.54.
Today’s last reported volume for Coinbase is 3113429 which is 70.5% below its average volume of 10554065.
News about Coinbase (COIN) today
Coinbase teams up with 401(k) provider to offer crypto. According to today’s article on The Wall Street Journal, "ForUsAll Inc., a 401(k) provider, announced earlier this month a deal with the institutional arm of Coinbase Global Inc., a leading cryptocurrency exchange, that will allow workers in plans it administers to invest up to 5% of their 401(k) contributions in bitcoin, ether, litecoin, and others."
Coinbase stock rises premarket Thursday as digital-asset exchange seen teaming up with small 401(k) provider to offer crypto. According to today’s article on MarketWatch, "A small 401(k) provider, ForUsAll Inc., has teamed up with Coinbase Global to offer crypto to workers in plans it administers. "
Year-on-year quarterly revenue growth grew by 257.3%, now sitting on 1.27B for the twelve trailing months.
Coinbase’s last week, last month’s, and last quarter’s current volatility was a negative 1.14%, a negative 0.67%, and a positive 3.46%, respectively.
Coinbase’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.79% (last week), 4.05% (last month), and 3.46% (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 $223.70 at 14:47 EST, way under its 52-week high of $429.54 and higher than its 52-week low of $208.00.
Coinbase’s Moving Average
Coinbase’s worth is way below its 50-day moving average of $261.34 and way under its 200-day moving average of $269.84.
Previous days news about Coinbase (COIN)
Coinbase pushes back against the theory it helped US authorities recover colonial pipeline ransom crypto. According to Business Insider on Wednesday, 9 June, "We also have no evidence that the funds went through a Coinbase account/wallet," Martin tweeted.", "Pointing to BitQuery graphs in particular, Martin said any reference to Coinbase on graphs and documents referred to "Coinbase" as a concept rather than the crypto exchange itself."
More news about Coinbase (COIN).