Should You Add Coinbase Global Inc (COIN) Stock to Your Portfolio Thursday?

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Thursday, August 31, 2023 11:23 AM | InvestorsObserver Analysts

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Coinbase Global Inc (COIN) is near the top in its sector according to InvestorsObserver.

COIN gets an overall rating of 72. That means it scores higher than 72% of stocks.

Coinbase Global Inc gets a 76 rank in the Financial Services sector. Financial Services is number 7 out of 11 sectors.

Overall Score - 72
COIN has an Overall Score of 72. Find out what this means to you and get the rest of the rankings on COIN!

What do These Ratings Mean?

Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. *Investors Observer* makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts.

Not only are these scores easy to understand, but it is easy to compare stocks to each other. You can find the best stock in financial services or look for the sector that has the highest average score.

The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

What’s Happening With Coinbase Global Inc Stock Today?

Coinbase Global Inc (COIN) stock is down -1.32% while the S&P 500 has risen 0.18% as of 11:09 AM on Thursday, Aug 31. COIN is down -$1.11 from the previous closing price of $83.83 on volume of 2,291,779 shares. Over the past year the S&P 500 has risen 14.36% while COIN has risen 23.83%. COIN lost -$5.64 per share the over the last 12 months.

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

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