(VIANEWS) – The NASDAQ ended the session with Coinbase jumping 9.08% to $68.48 on Wednesday, after five consecutive sessions in a row of losses. NASDAQ rose 2.14% to $11,791.90, after five sequential sessions in a row of losses, on what was an all-around up trend exchanging session today.
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 7784340, 46.45% below its average volume of 14537800.
Coinbase’s last close was $62.78, 82.98% under its 52-week high of $368.90.
The company’s growth estimates for the ongoing 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.
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 $68.48 at 18:32 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 worth is way below its 50-day moving average of $107.90 and way under its 200-day moving average of $210.61.
More news about Coinbase (COIN).