![]() With regard to the profitability of the company, the operating margin is currently at -48.50 percent and the profit margin is -47.30 percent, and the company has reported a gross margin of 85.60 percent. What Does Coinbase Global Inc.’s Profitability and Valuation Ratios Tell Us About the Stock? COIN stock is trading at a margin of 4.02%, -5.64% and 27.81% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices. Despite the fact that the share price increased 37.43% in the last 6 months and 60.84% was added to its value over the previous 3 months. The firm’s stock price fluctuated 4.93% within the last five trades and 0.38% within the last 30 trades, which was a significant change from the beginning of this year. The stock price fluctuated between $80.54 and $86.36 throughout the trading session with the volume trading being 10500557 shares, which represented a significant variation when compared to the three months average volume of 13.45 million shares. (NASDAQ:COIN) raised 0.87% to close Tuesday’s market session at $81.32, higher as compared to yesterday’s close. ![]() The latest trade, Performances and Moving Averages give us the following Picture The rating was released on August 01, 2023, according to finviz. Canaccord Genuity raised the price target for the Coinbase Global Inc. ![]()
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