What is Direxion Daily COIN Bull 2X ETF (CONX) stock price today?

Direxion Daily COIN Bull 2X ETF (CONX) is currently trading at $6.43, down 10.82% today.

What is CONX P/E ratio?

Direxion Daily COIN Bull 2X ETF's P/E ratio is 1.79. This is below the market average, suggesting the stock may be undervalued relative to earnings.

What is CONX return on equity (ROE)?

Direxion Daily COIN Bull 2X ETF's return on equity (ROE) is 464.51%, indicating how efficiently the company generates profit from shareholders' equity. This is considered high quality.

What is Direxion Daily COIN Bull 2X ETF's market cap?

Direxion Daily COIN Bull 2X ETF has a market capitalization of $1.24M.

NASDAQ · Asset Management - Leveraged

Direxion Daily COIN Bull 2X ETF (CONX) Stock

$6.43 -10.82% NASDAQ: CONX Financial Services

The Direxion Daily COIN Bull 2X ETF is designed to achieve daily investment results that correspond to double (200%) the performance of Coinbase Global, Inc.'s common shares (NASDAQ: COIN), prior to the deduction of its fees and expenses.

Valuation

Metric	Value
Price	$6.43
Market Cap	$1.24M
P/E Ratio	1.79
P/B Ratio	2.21
P/S Ratio	0.57
EPS (TTM)	$3.59
52-Week High	$28.34
52-Week Low	$4.73
Dividend Yield	2.02%

Financials & Margins

Metric	Value
ROE	464.51%
ROA	23.98%
ROCE	-0.55%
Gross Margin	30.06%
Operating Margin	-71.15%
Net Margin	133.62%
Debt/Equity	-0.01
Current Ratio	29.10

Annual Financials (USD)

Metric	2020	2021	2022	2023	2024
Revenue	—	$0	—	$0	$2.0B
Operating Profit	—	$0	—	$0	$-3.8B
Net Profit	—	$15.0M	—	$0	$2.7B
EPS	—	$0.21	—	$0.00	$0.13
Op Margin	—	—	—	—	-188.1%

Balance Sheet (USD)

Metric	2020	2021	2022	2023	2024
Total Assets	$750.0M	$751.0M	$86.0M	$22.0M	$198.0B
Total Liabilities	$0	$53.0M	$33.0M	$40.0M	$211.1B
Cash	$0	$1.0M	$1.0M	$0	$117.5B
Borrowings	$0	$0	$0	$0	$68.0M

Cash Flow (USD)

Metric	2020	2021	2022	2023	2024
Operating Cash Flow	—	—	—	—	$-4.9B
Investing Cash Flow	—	—	—	—	$-55.1B
Financing Cash Flow	—	—	—	—	$177.5B
Net Cash Flow	—	—	—	—	$117.5B
Free Cash Flow	$0	$0	$0	$0	$-4.9B

Valuation & Return Ratios

Metric	Value
PEG Ratio	0.00
EV / EBITDA	-1.27
FCF Yield	218.22%
Quick Ratio	29.10
Interest Coverage	0.00
Return 1Y	—
Return 3Y	—
Return 5Y	—

Peer Comparison

Ticker	Price	Change	P/E	Market Cap	Div Yield
BRKHBurtech Acquisition Corp II	$9.98	+0.10%	-14.93	$117.37M	0.00%
BTWNBridgetown Holdings Limited	$6.15	-4.06%	—	$184.30M	0.00%
EBACEuropean Biotech Acquisition Corp.	$11.19	-4.44%	41.44	$183.50M	0.00%
GSQBG Squared Ascend II Inc.	$10.44	+0.10%	13.38	$187.59M	0.00%
HCVIHennessy Capital Investment Corp. VI	$11.40	+14.23%	-20.36	$166.91M	0.00%

About Direxion Daily COIN Bull 2X ETF

Direxion Daily COIN Bull 2X ETF is headquartered in US.

Direxion Daily COIN Bull 2X ETF (CONX) stock trades at $6.43 with a market capitalization of $1.24M. The stock is valued at a price-to-earnings (P/E) ratio of 1.79, price-to-book of 2.21, price-to-sales of 0.57. Over the past 52 weeks the stock has ranged between $4.73 and $28.34, and currently trades 77.3% below its 52-week high. It pays a dividend yielding 2.02%.

On profitability, Direxion Daily COIN Bull 2X ETF generates a return on equity (ROE) of 464.51% — well above the market average, a sign of a high-quality business, return on capital employed of -0.55%, an operating margin of -71.15%, a net profit margin of 133.62%.

Official website: www.direxion.com/product/daily-coin-bull-leveraged-single-stock-etf