Coinbase Global Inc (COIN) Stock Has Gained 1.84% This Week: Buy, Hold, or Sell?

Coinbase Global Inc (COIN) stock has fallen -20.58% since Wednesday, April 14, 2021 when the stock 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 mainly influenced by a long-term technical score of 0. COIN’s rank also includes a short-term technical score of 18. The fundamental score for COIN is 51. In addition to the average rating from Wall Street analysts, COIN stock has a mean target price of $353.53. This means analysts expect the stock to add 35.60% over the next 12 months.

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 has gained 0.61% while the S&P 500 has gained 0.54% as of 11:44 AM on Monday, Aug 30. COIN has gained $1.59 from the previous closing price of $259.12 on volume of 1,175,523 shares. Over the past year the S&P 500 has risen 9.92% while COIN has fallen -20.58%. COIN earned $7.98 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 32.69.

Click Here to get the full Stock Report for Coinbase Global Inc stock.