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Coinbase Global Inc (NASDAQ: COIN) closed at $196.34 in the latest trading session, marking a slight decrease of -$0.01 from the previous closing price of $196.35. This translates to a -0.01% change. The stock reached a highest trading level of $204.88 during the session, while also hitting a lowest trading level of $188.31. Throughout the day, 17.27 million shares were traded.

Coinbase Global Inc is currently trading at a Price–to–Cash (P/C) ratio of 5.87 for the trailing twelve months (TTM), and a Price-to-Free Cash Flow (P/FCF) of 25.84 for the same period of time. As for the Debt-to-Equity ratio, it stands at 0.53, while the Long-Term Debt/Eq ratio is at 0.51.

Furthermore, analysts' ratings and any changes thereto give investors an idea of the stock's future direction. In the most recent recommendation for Coinbase Global Inc, Barclays upgraded its rating to Equal Weight and set a target price of $169, up from $206 previously, on September 06, 2024.

Citigroup also upgraded its rating to Buy from Neutral and upped its target price recommendation from $260 to $345 on July 23, 2024.

Meanwhile, BofA Securities upgraded its rating from Underperform to Neutral on May 17, 2024, and revised the target price from $110 to $217.

A recent insider transaction in Coinbase Global Inc occurred on Oct 15 ’24 when HAAS ALESIA J bought 5,250 shares for $195.25 per share.

The recent insider sells for Coinbase Global Inc are as follows: Choi Emilie sold 8,000 shares of COIN for $1,327,918 on Oct 01 ’24. The President & COO now owns 178,101 shares after completing the transaction at $165.99 per share. On Sep 30 ’24, another insider, Choi Emilie, who serves as the President & COO of the company, sold 1,500 shares for $179.69 each. As a result, the insider received 269,536 and left with 186,101 shares of the company.

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, Coinbase Global Inc now has a Market Capitalization of 48786169856 and an Enterprise Value of 46026072064. As of this moment, COIN’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.32, and their Forward P/E ratio for the next fiscal year is 41.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.07 while its Price-to-Book (P/B) ratio in mrq is 5.82. Its current Enterprise Value per Revenue stands at 10.239 whereas that against EBITDA is 34.275.

Over the past 52 weeks, Coinbase Global Inc has reached a high of $283.48, while it has fallen to a 52-week low of $70.42. The 50-Day Moving Average of the stock is 9.67%, while the 200-Day Moving Average is calculated to be -2.73%.

Coinbase Global Inc (NASDAQ: COIN) shares traded an average of 8.00M shares per day over the past three months and 8882650 shares per day over the past ten days. A total of 195.19M shares are outstanding, with a floating share count of 191.41M. Insiders hold about 22.96% of the company’s shares, while institutions hold 42.45% stake in the company. Shares short for COIN as of 172765