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Coinbase Global Inc (COIN) Stock Gains 8.08% This Week: Is It a Good Pick?

Friday, October 15, 2021 11:05 AM | InvestorsObserver Analysts
Coinbase Global Inc (COIN) Stock  Gains 8.08% This Week: Is It a Good Pick?

Coinbase Global Inc (COIN) stock is lower by -18.30% since Wednesday, April 14, 2021 when COIN began trading, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives COIN stock a score of 23 out of a possible 100. That rank is influenced by a long-term technical score of 0. COIN's rank also includes a short-term technical score of 22. The fundamental score for COIN is 46. In addition to the average rating from Wall Street analysts, COIN stock has a mean target price of $350.19. This means analysts expect the stock to climb 30.57% over the next 12 months.

Overall Score - 23
COIN has an Overall Score of 23. Find out what this means to you and get the rest of the rankings on COIN!

What's Happening with COIN Stock Today

Coinbase Global Inc (COIN) stock is up 3.15% while the S&P 500 has gained 0.65% as of 10:59 AM on Friday, Oct 15. COIN has gained $8.20 from the previous closing price of $260.00 on volume of 2,885,399 shares. Over the past year the S&P 500 is higher by 8.30% while COIN is lower by -18.30%. COIN earned $7.98 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 33.66. Click Here to get the full Stock Report for Coinbase Global Inc stock.

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