CoinShares (NASDAQ:CSHR – Get Free Report) was upgraded by stock analysts at Keefe, Bruyette & Woods to a “moderate buy” rating in a report issued on Tuesday,Zacks.com reports.
CoinShares Stock Performance
Shares of NASDAQ:CSHR opened at $6.22 on Tuesday. The firm has a market cap of $819.67 million, a price-to-earnings ratio of 33.94 and a beta of -1.60. CoinShares has a 1-year low of $4.72 and a 1-year high of $10.43.
About CoinShares
CoinShares is a digital asset investment company that provides a range of financial products and services focused on cryptocurrency and blockchain-related markets. The company offers exchange-traded products and other investment vehicles designed to give institutional and retail investors exposure to digital assets without needing to directly hold the underlying cryptocurrencies.
Founded in the digital asset space, CoinShares has built its business around investment management, asset servicing, and research related to the crypto ecosystem.
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