Coinbase Global Inc (NASDAQ:COIN) shares traded 16.32% higher at $295.29 on Wall Street last session.
COIN stock price is now 31.20% away from the 50-day moving average and 27.34% away from the 200-day moving average. The market capitalization of the company currently stands at $75.21B.
With the price target of $353.30, China Renaissance recently initiated with Buy rating for Coinbase Global Inc (NASDAQ: COIN). , while ‘Monness Crespi & Hardt’ rates the stock as ‘Buy’
In other news, HAAS ALESIA J, Chief Financial Officer sold 6,080 shares of the company’s stock on Jun 16 ’25. The stock was sold for $1,504,627 at an average price of $247.47. Upon completion of the transaction, the Chief Financial Officer now directly owns 100,366 shares in the company, valued at $29.64 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 16 ’25, Chief Financial Officer HAAS ALESIA J sold 1,741 shares of the business’s stock. A total of $430,898 was realized by selling the stock at an average price of $247.50. This leaves the insider owning 10,450 shares of the company worth $3.09 million. A total of 20.70% 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 $225.0688 and a two-hundred day moving average price translates $231.8834 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. The company reported revenue of $2.03 billion for the quarter, compared to $1.64 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.23 percent.
