Coinbase Global stock snapshot after recent performance

Coinbase Global (COIN) has drawn investor attention after a period where the stock is down about 18% over the past month and about 21% over the past 3 months, despite a 3 year total return above 7x.

At a recent close of US$159.78 and a market cap of about US$42.1b, the company sits at an interesting point for investors tracking crypto exposed platforms and weighing shorter term share performance against multi year returns.

See our latest analysis for Coinbase Global.

Short term momentum has cooled, with the share price down 18.2% over the past month and 21.4% over the past quarter, even though the 3 year total shareholder return is about 2.9x.

If you are comparing Coinbase Global…