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Coinbase Global Inc (COIN) is down -0.37% in a Week, Should You Buy?

Thursday, August 18, 2022 09:41 AM | InvestorsObserver Analysts
Coinbase Global Inc (COIN) is down -0.37% in a Week, Should You Buy?

The 41 rating InvestorsObserver gives to Coinbase Global Inc (COIN) stock puts it near the middle of the Software - Application industry. In addition to scoring higher than 61 percent of stocks in the Software - Application industry, COIN’s 41 overall rating means the stock scores better than 41 percent of all stocks.

Overall Score - 41
COIN has an Overall Score of 41. Find out what this means to you and get the rest of the rankings on COIN!

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.
These rankings allows you to easily compare stocks and view what the strengths and weaknesses are of a given company. This lets you find the stocks with the best short and long term growth prospects in a matter of seconds. The combined score incorporates technical and fundamental analysis in order to give a comprehensive overview of a stocks performance. Investors who then want to focus on analysts rankings or valuations are able to see the separate scores for each section.

What's Happening With Coinbase Global Inc Stock Today?

Coinbase Global Inc (COIN) stock is trading at $83.69 as of 9:40 AM on Thursday, Aug 18, a drop of -$1.76, or -2.05% from the previous closing price of $85.44. The stock has traded between $81.60 and $86.36 so far today. Volume today is light. So far 123,562 shares have traded compared to average volume of 17,305,314 shares. Click Here to get the full Stock Report for Coinbase Global Inc stock.

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