(VIANEWS) – The NASDAQ ended the session with Coinbase jumping 6.96% to $55.17 on Wednesday, after five consecutive sessions in a row of losses. NASDAQ rose 2.5% to $11,099.15, following the last session’s upward trend on what was an all-around bullish trend trading session today.
Today’s last reported volume for Coinbase is 14470700, 35.51% above its average volume of 10678200.
Coinbase’s last close was $51.58, 86.02% below its 52-week high of $368.90.
The company’s growth estimates for the present 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 $55.17 at 18:30 EST, way below its 52-week high of $368.90 and way higher than its 52-week low of $40.83.
Coinbase’s Moving Average
Coinbase’s value 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).