Coinbase Global Inc (COIN) is near the top in its industry group according to InvestorsObserver. COIN gets an overall rating of 54. That means it scores higher than 54 percent of stocks. Coinbase Global Inc gets a 92 rank in the Software – Application industry. Software – Application is number 130 out of 148 industries.
What do These Ratings Mean?
Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.
These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.
What’s Happening With Coinbase Global Inc Stock Today?
Coinbase Global Inc (COIN) stock is lower by -2.27% while the S&P 500 is higher by 0.98% as of 10:48 AM on Wednesday, Mar 2. COIN is down -$4.45 from the previous closing price of $196.17 on volume of 1,382,515 shares. Over the past year the S&P 500 has risen 5.43% while COIN is down -41.60%. COIN earned $9.79 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 19.56.
Click Here to get the full Stock Report for Coinbase Global Inc stock.
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