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Cryptocurrency News Articles
Coinbase Global Inc (NASDAQ: COIN) shares saw positive movement during Tuesday's trading session
Apr 27, 2025 at 03:40 am
Coinbase Global Inc (NASDAQ: COIN) shares saw positive movement during Tuesday's trading session on the NASDAQ exchange.
Coinbase Global (NASDAQ:COIN) - A Beacon of Stability in a Volatile Market
Tuesday saw a modest increase in Coinbase (NASDAQ:COIN) Global Inc (NASDAQ:COIN)’s shares on the NASDAQ exchange. The cryptocurrency exchange platform ultimately finished the day in positive territory, continuing a trend of recovery following a period of decline.
Coinbase stock closed the official trading day at 209.64 USD, according to Degiro data. This price point represents an increase of 5.77 USD, translating to a gain of 2.83 percent compared to the previous closing price of 203.87 USD.
Trading for COIN commenced at 205.57 USD. The stock experienced volatility throughout the day, reaching an intraday high of 211.62 USD and touching a low of 203.74 USD before settling at its closing price. The chart above showcases these fluctuations with several peaks and troughs during the session.
After the official market close, Coinbase shares experienced a slight dip. The price adjusted downwards to 208.98 USD, a decrease of 0.66 USD or 0.31 percent from the closing bell.
Key financial details for Coinbase include a market capitalization listed at 5.32KCr and a Price to Earnings (P/E) ratio of 22.12. The company currently does not offer a dividend yield. Over the past 52 weeks, COIN stock has seen a significant range, trading between a high of 349.75 USD and a low of 142.58 USD.
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