Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Coinbase Global Inc (NASDAQ: COIN) closed at $268.15 down -3.79% from its previous closing price of $278.71. In other words, the price has decreased by -$3.79 from its previous closing price. On the day, 6.79 million shares were traded. COIN stock price reached its highest trading level at $275.27 during the session, while it also had its lowest trading level at $263.07.
Ratios:
For a deeper understanding of Coinbase Global Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.67. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.48.
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, Monness Crespi & Hardt on December 19, 2024, Reiterated its Buy rating but revised its target price to $390 from $245 previously.
On November 25, 2024, Oppenheimer reiterated its Outperform rating and also lowered its target price recommendation from $265 to $358.
On October 28, 2024, Monness Crespi & Hardt started tracking the stock assigning a Buy rating and target price of $245.Monness Crespi & Hardt initiated its Buy rating on October 28, 2024, with a $245 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 23 ’24 when Fred Ehrsam bought 11,421 shares for $268.15 per share.
Armstrong Brian sold 25,000 shares of COIN for $7,852,614 on Dec 16 ’24. The Chairman and CEO now owns 526 shares after completing the transaction at $314.10 per share. On Dec 13 ’24, another insider, Brian Armstrong, who serves as the Officer of the company, bought 25,000 shares for $310.58 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COIN now has a Market Capitalization of 67131351040 and an Enterprise Value of 66547671040. As of this moment, Coinbase’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.84, and their Forward P/E ratio for the next fiscal year is 59.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.56 while its Price-to-Book (P/B) ratio in mrq is 7.69. Its current Enterprise Value per Revenue stands at 13.307 whereas that against EBITDA is 44.55.
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 $114.51. The 50-Day Moving Average of the stock is -0.06%, while the 200-Day Moving Average is calculated to be 17.12%.
Shares Statistics:
For the past three months, COIN has traded an average of 13.41M shares per day and 10651370 over the past ten days. A total of 204.85M shares are outstanding, with a floating share count of 193.00M. Insiders hold about 22.91% of the company’s shares, while institutions hold 42.80% stake in the company. Shares short for COIN as of 1732838400 were 9877904 with a Short Ratio of 0.74, compared to 1730332800 on 8824005. Therefore, it implies a Short% of Shares Outstanding of 9877904 and a Short% of Float of 4.8800003.
