A successful hack of Binance, the world's largest cryptocurrency exchange, has led to the theft of $6.3 billion in assets. In response, the exchange has promised to make all customers whole but has also paused all withdrawals from its platform.
Coinbase's vision to become an "everything exchange" could prove to be more succesful than expected, driving faster revenue growth from new trading products.
Cryptocurrency markets have historically been deeply cyclical, with long periods of low prices and depressed trading volume. Persistent cryptocurrency weakness could put significant pressure on Coinbase.
|
Metric
|
COIN
|
ICE
|
XYZ
|
|---|---|---|---|
Price/Earnings (Normalized) | 80.17 | 22.01 | 24.91 |
Price/Book Value | 2.73 | 3.15 | 2.08 |
Price/Sales | 6.96 | 6.82 | 1.85 |
Price/Cash Flow | 25.47 | 16.74 | 11.60 |
|
Metric
|
COIN
|
ICE
|
XYZ
|
|---|---|---|---|
Quick Ratio | 1.59 | 0.05 | 1.96 |
Current Ratio | 2.42 | 1.03 | 2.21 |
Interest Coverage | −9.58 | 7.44 | 4.61 |
|
Metric
|
COIN
|
ICE
|
XYZ
|
|---|---|---|---|
Return on Assets (Normalized) | 4.00% | 2.58% | 4.80% |
Return on Equity (Normalized) | 8.06% | 14.25% | 8.45% |
Return on Invested Capital (Normalized) | 5.63% | 9.36% | 6.80% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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SPGI
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CME
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ICE
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MCO
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NDAQ
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MSCI
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CBOE
| LOCK|%y&@<h% | LOCK|$?k! | $35B | |||
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TRU
| LOCK|<&lXZ%& | LOCK|$q%X# | $15B | |||
| FactSet Research Systems Inc
FDS
| LOCK|!>JmWv | LOCK|@@ | $12B |
United States