Core Scientific Inc (CORZ)’s Market Momentum: Closing Strong at 8.74, Up 2.22

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As of close of business last night, Core Scientific Inc’s stock clocked out at $8.74, up 2.22% from its previous closing price of $8.55. In other words, the price has increased by $2.22 from its previous closing price. On the day, 11.68 million shares were traded. CORZ stock price reached its highest trading level at $9.12 during the session, while it also had its lowest trading level at $8.59.

Ratios:

To gain a deeper understanding of CORZ’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.72 and its Current Ratio is at 6.72.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Keefe Bruyette on January 27, 2025, initiated with a Outperform rating and assigned the stock a target price of $22.

On January 21, 2025, Craig Hallum started tracking the stock assigning a Buy rating and target price of $24.

On November 15, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $25.50.ROTH MKM initiated its Buy rating on November 15, 2024, with a $25.50 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 01 ’25 when Sullivan Adam Taylor sold 22,629 shares for $7.52 per share. The transaction valued at 170,213 led to the insider holds 3,736,164 shares of the business.

DUCHENE TODD M sold 7,921 shares of CORZ for $59,581 on Apr 01 ’25. The insider now owns 2,015,502 shares after completing the transaction at $7.52 per share. On Apr 02 ’25, another insider, Sterling Denise Marie Brucia, who serves as the Officer of the company, bought 141,993 shares for $8.14 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CORZ now has a Market Capitalization of 2577347328 and an Enterprise Value of 2934203392. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.05. Its current Enterprise Value per Revenue stands at 5.746 whereas that against EBITDA is 29.874.

Stock Price History:

The Beta on a monthly basis for CORZ is 6.62, which has changed by 1.548105 over the last 52 weeks, in comparison to a change of 0.09765589 over the same period for the S&P500. Over the past 52 weeks, CORZ has reached a high of $18.63, while it has fallen to a 52-week low of $3.05. The 50-Day Moving Average of the stock is 6.05%, while the 200-Day Moving Average is calculated to be -25.61%.

Shares Statistics:

It appears that CORZ traded 16.16M shares on average per day over the past three months and 11335930 shares per day over the past ten days. A total of 292.61M shares are outstanding, with a floating share count of 256.65M. Insiders hold about 12.97% of the company’s shares, while institutions hold 80.83% stake in the company. Shares short for CORZ as of 1744675200 were 47349288 with a Short Ratio of 2.93, compared to 1741910400 on 38607015. Therefore, it implies a Short% of Shares Outstanding of 47349288 and a Short% of Float of 16.209999.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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