Coinbase Global Inc (COIN) stock is down -27.98% since Wednesday, April 14, 2021 when COIN began trading, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives COIN stock a score of 27 out of a possible 100.
That rank is influenced by a long-term technical score of 0. COIN’s rank also includes a short-term technical score of 22. The fundamental score for COIN is 61. In addition to the average rating from Wall Street analysts, COIN stock has a mean target price of $350.19. This means analysts expect the stock to increase 48.11% over the next 12 months.
What’s Happening with COIN Stock Today
Coinbase Global Inc (COIN) stock is up 3.1% while the S&P 500 is up 1.46% as of 1:47 PM on Tuesday, Oct 5. COIN is up $7.12 from the previous closing price of $229.31 on volume of 1,903,916 shares. Over the past year the S&P 500 has risen 5.78% while COIN is down -27.98%. COIN earned $7.98 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 29.65.
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