Coinbase GlobalInc. (NASDAQ:COIN) traded at $299.46 at last check today, made an upward move of 0.61% on its previous day’s price.
Looking at the stock we see that its previous close was $297.64 and the beta (5Y monthly) reads 0 with the day’s price range being $298.14 – 305.00. The company has a trailing 12-month PE ratio of 465.06. In terms of its 52-week price range, COIN has a high of $429.54 and a low of $282.07. The company’s stock has gained about 0% over that past 30 days.
Based on estimates by 8 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the Coinbase GlobalInc. (COIN) stock as a Hold, while 5 rate it as a Buy. 1 analyst(s) rate it as outperform while none of them rated it as underperform, whereas none suggest the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Let’s briefly compare Coinbase GlobalInc. (COIN) stock to its peers. We find that today’s price change of +0.61% and 0% over the past 12 months for COIN competes that of CME Group Inc (CME), which has seen its stock price rise 1.5% in the latest trading session and is +14.94% over the last one year. Another of its peers Intercontinental Exchange (ICE) has dropped -0.88% today, and was +31.59% up over the past year, while Nasdaq Inc (NDAQ) is also up 0.61% yet, while its price remains in the red at 0% over the same period. Coinbase GlobalInc. has a P/E ratio of 465.06 compared to CME Group Inc’s 37.86 and Intercontinental Exchange’s 31.51. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.42% and 0.89%, respectively, in early deals.