Coinbase Global Inc (NASDAQ:COIN) shares, rose in value on Wednesday, June 18, with the stock price up by 16.32% to the previous day’s close as strong demand from buyers drove the stock to $295.29.
Actively observing the price movement in the last trading, the stock closed the session at $253.85, falling within a range of $251.9011 and $299.2999. The value of beta (5-year monthly) was 3.62 whereas the PE ratio was 55.34 over 12-month period. Referring to stock’s 52-week performance, its high was $349.75, and the low was $142.58. On the whole, COIN has fluctuated by 11.86% over the past month.
With the market capitalization of Coinbase Global Inc currently standing at about $75.21 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-08.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that COIN’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of COIN currently trading nearly 15.26% and 31.20% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 68.00, while the 7-day volatility ratio is showing 7.98% which for the 30-day chart, stands at 4.75%. Furthermore, Coinbase Global Inc (COIN)’s beta value is 3.62, and its average true range (ATR) is 15.29.
A comparison of Coinbase Global Inc (COIN) with its peers suggests the former has fared considerably weaker in the market. COIN showed an intraday change of 16.32% in last session, and over the past year, it grew by 20.77%%.
Data on historical trading for Coinbase Global Inc (NASDAQ:COIN) indicates that the trading volumes over the past 10 days have averaged 11.05 and over the past 3 months, they’ve averaged 10.42 million. According to company’s latest data on outstanding shares, there are 210.96 million shares outstanding.
Nearly 20.70% of Coinbase Global Inc’s shares belong to company insiders and institutional investors own 46.32% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 12.57 million shares as on 2025-05-30, resulting in a short ratio of 0.86. According to the data, the short interest in Coinbase Global Inc (COIN) stood at 601.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 9.88 million. The stock has risen by 18.92% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the COIN stock heading into the next quarter.
