(VIANEWS) – Shares of Coinbase (NASDAQ: COIN) rose 8.2% to $67.93 at 15:37 EST on Wednesday, after five sequential sessions in a row of losses. NASDAQ is jumping 2.21% to $11,799.84, after five successive sessions in a row of losses. This seems, up to now, an all-around positive trend exchanging session today.
Coinbase’s last close was $62.78, 82.98% 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 cryptoeconomy retailers, a market with liquidity to transact in crypto assets for institutions and technology and services that allow ecosystem partners build crypto-based apps and accept crypto assets securely as payment. Coinbase Global, Inc., was established in 2012. It is located in Wilmington, Delaware.
Today’s last reported volume for Coinbase is 7226315 which is 50.29% below its average volume of 14537845.
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.
Coinbase’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.18%, a negative 1.99%, and a positive 6.48%, respectively.
Coinbase’s highest amplitude of average volatility was 1.18% (last week), 4.29% (last month), and 6.48% (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 $67.93 at 15:37 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.
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