Shares of Coinbase (COIN) dropped by a staggering 27.22% in 30 days from $304.82 to $221.85 at 21:13 EST on Thursday, following the last session’s upward trend. NASDAQ Composite (COIN) is jumping 0.78% to $14,020.33, following the last session’s upward trend,
Coinbase’s last close was $224.32, 47.78% under its 52-week high of $429.54.
Today’s last reported volume for Coinbase is 3955294 which is 62.52% below its average volume of 10554065.
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 0.69%, a negative 1.54%, and a positive 3.36%, 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 2.57% (last week), 3.41% (last month), and 3.36% (last quarter), respectively.
Coinbase’s Stock Yearly Top and Bottom Value
Coinbase’s stock is valued at $221.85 at 21:13 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 value 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.", "Further, Coinbase uses a "pooled hot wallet", whereas the FBI was in possession of just one private key, which the crypto exchange could not provide, Martin explained."
Coinbase teams up with 401(k) provider to offer crypto. According to The Wall Street Journal on Thursday, 10 June, "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 MarketWatch on Thursday, 10 June, "A small 401(k) provider, ForUsAll Inc., has teamed up with Coinbase Global to offer crypto to workers in plans it administers. "
More news about Coinbase (COIN).