In Wednesday’s Wall Street session, Coinbase Global Inc (NASDAQ:COIN) shares traded at $256.00, down -1.12% from the previous session.
COIN stock price is now 22.13% away from the 50-day moving average and 11.72% away from the 200-day moving average. The market capitalization of the company currently stands at $65.20B.
With the price target maintained at $300, Monness Crespi & Hardt recently Upgraded its rating from Neutral to Buy for Coinbase Global Inc (NASDAQ: COIN). On May 12, 2025, Compass Point Upgraded its previous ‘Sell’ rating to ‘Neutral’ on the stock keeping its target price maintained at $195, while ‘Monness Crespi & Hardt’ rates the stock as ‘Neutral’
In other news, Grewal Paul, Chief Legal Officer sold 10,000 shares of the company’s stock on Jun 02 ’25. The stock was sold for $2,453,593 at an average price of $245.36. Upon completion of the transaction, the Chief Legal Officer now directly owns 84,280 shares in the company, valued at $21.58 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 02 ’25, Chairman and CEO Armstrong Brian sold 25,000 shares of the business’s stock. A total of $6,178,715 was realized by selling the stock at an average price of $247.15. This leaves the insider owning 526 shares of the company worth $0.13 million. A total of 20.71% of the company’s stock is owned by insiders.
During the past 12 months, Coinbase Global Inc has had a low of $142.58 and a high of $349.75. As of last week, the company has a debt-to-equity ratio of 0.44, a current ratio of 2.52, and a quick ratio of 2.52. The fifty day moving average price for COIN is $209.6046 and a two-hundred day moving average price translates $229.14175 for the stock.
The latest earnings results from Coinbase Global Inc (NASDAQ: COIN) was released for 2025-03-31. The net profit margin was 21.23% and return on equity was 15.83% for COIN.
