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How to buy Coinbase Global stock in Canada | $300.84

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Coinbase Global Inc is a software-application business based in the US. Coinbase Global shares (COIN) are listed on the NASDAQ and all prices are listed in US Dollars. Coinbase Global employs 2,176 staff and has a trailing 12-month revenue of around USD$4.9 billion.

How to buy shares in Coinbase Global

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – COIN – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy Coinbase Global stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Coinbase Global stock price

Use our graph to track the performance of COIN stocks over time.

Coinbase Global shares at a glance

Information last updated 2021-10-16.
Latest market close$300.84
52-week range$208.00 - $429.54
50-day moving average $247.94
200-day moving average $252.13
Wall St. target price$378.85
PE ratio 20.6665
Dividend yield N/A (0%)
Earnings per share (TTM) $13.58

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Coinbase Global price performance over time

Historical closes compared with the close of $300.84 from 2021-10-22

1 week (2021-10-14) 15.71%
1 month (2021-09-24) 29.77%
3 months (2021-07-23) 33.75%
6 months (2021-04-23) 3.17%
1 year (2020-10-20) N/A
2 years (2019-10-20) N/A
3 years (2018-10-20) N/A
5 years (2016-10-20) N/A

Is Coinbase Global under- or over-valued?

Valuing Coinbase Global stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Coinbase Global's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Coinbase Global's P/E ratio

Coinbase Global's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Coinbase Global shares trade at around 21x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Coinbase Global's PEG ratio

Coinbase Global's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9412. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Coinbase Global's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Coinbase Global's EBITDA

Coinbase Global's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.1 billion.

The EBITDA is a measure of a Coinbase Global's overall financial performance and is widely used to measure a its profitability.

Coinbase Global financials

Revenue TTM $4.9 billion
Operating margin TTM 61.36%
Gross profit TTM $1.3 billion
Return on assets TTM 20.15%
Return on equity TTM 91.35%
Profit margin 53.49%
Book value $22.03
Market capitalisation $73.5 billion

TTM: trailing 12 months

Shorting Coinbase Global shares

There are currently 5.6 million Coinbase Global shares held short by investors – that's known as Coinbase Global's "short interest". This figure is 23.9% up from 4.5 million last month.

There are a few different ways that this level of interest in shorting Coinbase Global shares can be evaluated.

Coinbase Global's "short interest ratio" (SIR)

Coinbase Global's "short interest ratio" (SIR) is the quantity of Coinbase Global shares currently shorted divided by the average quantity of Coinbase Global shares traded daily (recently around 3.3 million). Coinbase Global's SIR currently stands at 1.71. In other words for every 100,000 Coinbase Global shares traded daily on the market, roughly 1710 shares are currently held short.

However Coinbase Global's short interest can also be evaluated against the total number of Coinbase Global shares, or, against the total number of tradable Coinbase Global shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Coinbase Global's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Coinbase Global shares in existence, roughly 30 shares are currently held short) or 0.0417% of the tradable shares (for every 100,000 tradable Coinbase Global shares, roughly 42 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Coinbase Global.

Coinbase Global share dividends

We're not expecting Coinbase Global to pay a dividend over the next 12 months.

Coinbase Global overview

Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy. It offers the primary financial account in the cryptoeconomy for retail users; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable ecosystem partners to build crypto-based applications and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, Delaware. .

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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