Coinbase stock

coinbase stock

Why are Coinbase global shares down Wednesday?

Shares of Coinbase Global ( COIN 11.12%) were falling Wednesday after an analyst downgraded the stock and slashed his price target for the shares. The cryptocurrency stock was trading 4.6% lower as of 1:01 p.m. ET.

What do analysts expect from Coinbase globals stocks price in 2018?

20 Wall Street analysts have issued 12 month price objectives for Coinbase Globals stock. Their forecasts range from $220.00 to $600.00. On average, they expect Coinbase Globals share price to reach $373.72 in the next year.

What is Coinbase Global (Coin)?

Learn how to easily invest in Coinbase Global stock. Coinbase Global Inc is a software-application business based in the US. Coinbase Global shares (COIN) are listed on the NASDAQ and all prices are listed in US Dollars. Coinbase Global employs 2,781 staff and has a trailing 12-month revenue of around 0.00.

Is Coinbase available in Canada?

In September, Coinbase began to offer services in Canada and Singapore. In May 2016, the company rebranded the Coinbase Exchange, changing the name to Global Digital Asset Exchange (GDAX). In July, they added retail support for Ether.

Why did Coinbase go down Wednesday?

Shares of cryptocurrency giant Coinbase Global (NASDAQ: COIN) fell as much as 5.3% in trading on Wednesday after a data glitch hit the company. Shares are down 0.8% as of 2:50 p.m. ET. There was a pricing glitch that temporarily showed astronomical gains in some accounts.

How much is a share of Coinbase global worth?

One share of COIN stock can currently be purchased for approximately $195.53. How much money does Coinbase Global make? Coinbase Global has a market capitalization of $42.08 billion and generates $1.28 billion in revenue each year. How many employees does Coinbase Global have?

What is the days-to-cover ratio for Coinbase global?

Based on an average trading volume of 4,990,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 4.6% of the companys shares are short sold. View Coinbase Globals Short Interest.

Is there an upside to Coinbase globals price?

According to analysts consensus price target of $373.72, Coinbase Global has a forecasted upside of 83.3% from its current price of $203.90. Coinbase Global has only been the subject of 4 research reports in the past 90 days. Coinbase Global has received 58 “outperform” votes.

View Coinbase Globals Short Interest. When is Coinbase Globals next earnings date? Coinbase Global is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022. View our earnings forecast for Coinbase Global.

What is the upside from Coinbase globals current price?

According to analysts, Coinbase Globals stock has a predicted upside of 28.47% based on their 12-month price targets. What analysts cover Coinbase Global? Coinbase Global has been rated by Canaccord Genuity, Citigroup, JMP Securities, Mizuho, Oppenheimer, Piper Sandler, Rosenblatt Securities, and The Goldman Sachs Group in the past 90 days.

Will Coinbase stock rise or fall in 2022?

Whats happening with Coinbase global stock?

Shares of cryptocurrency stock Coinbase Global (COIN 4.92%) have dropped over 85% from their peak in late 2021 as the crypto market has imploded. Trading is down, prices are down, and theres concern that margins will be under pressure all year.

What is the Coinbase Exchange?

Later in January, the company launched a U.S.-based bitcoin exchange for professional traders called Coinbase Exchange. In September, Coinbase began to offer services in Canada and Singapore. In May 2016, the company rebranded the Coinbase Exchange, changing the name to Global Digital Asset Exchange (GDAX).

Can Coinbase come out of this Crypto winter even stronger?

Coinbase could come out of this crypto winter even stronger. Shares of cryptocurrency stock Coinbase Global ( COIN 4.92%) have dropped over 85% from their peak in late 2021 as the crypto market has imploded. Trading is down, prices are down, and theres concern that margins will be under pressure all year.

Is Coinbase available in Canada?

In September, Coinbase began to offer services in Canada and Singapore. In May 2016, the company rebranded the Coinbase Exchange, changing the name to Global Digital Asset Exchange (GDAX). In July, they added retail support for Ether.

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