Gaining Ground: Coinbase Global Inc (COIN) Closes Lower at 179.23, Down -17.58

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The price of Coinbase Global Inc (NASDAQ: COIN) closed at $179.23 in the last session, down -17.58% from day before closing price of $217.45. In other words, the price has decreased by -$17.58 from its previous closing price. On the day, 18.53 million shares were traded.

Ratios:

We take a closer look at COIN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.66. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.42.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Rosenblatt on March 07, 2025, initiated with a Buy rating and assigned the stock a target price of $305.

On January 29, 2025, Mizuho Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $250 to $290.

Monness Crespi & Hardt reiterated its Buy rating for the stock on December 19, 2024, while the target price for the stock was revised from $245 to $390.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 03 ’25 when Armstrong Brian sold 25,000 shares for $231.04 per share. The transaction valued at 5,775,905 led to the insider holds 526 shares of the business.

Brock Lawrence J sold 4,869 shares of COIN for $1,078,086 on Mar 03 ’25. The Chief People Officer now owns 407 shares after completing the transaction at $221.42 per share. On Mar 03 ’25, another insider, Grewal Paul, who serves as the Chief Legal Officer of the company, sold 10,000 shares for $218.55 each. As a result, the insider received 2,185,461 and left with 83,313 shares of the company.

Valuation Measures:

As of this moment, Coinbase’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.88, and their Forward P/E ratio for the next fiscal year is 22.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.29 while its Price-to-Book (P/B) ratio in mrq is 4.42.

Stock Price History:

Over the past 52 weeks, COIN has reached a high of $349.75, while it has fallen to a 52-week low of $146.12. The 50-Day Moving Average of the stock is -31.23%, while the 200-Day Moving Average is calculated to be -23.95%.

Shares Statistics:

A total of 209.76M shares are outstanding, with a floating share count of 199.71M. Insiders hold about 21.34% of the company’s shares, while institutions hold 45.84% stake in the company.

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