Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of Core Scientific Inc (NASDAQ: CORZ) was $14.05 for the day, down -0.50% from the previous closing price of $14.12. In other words, the price has decreased by -$0.50 from its previous closing price. On the day, 7.94 million shares were traded. CORZ stock price reached its highest trading level at $14.26 during the session, while it also had its lowest trading level at $13.595.
Ratios:
Our analysis of CORZ’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.63 and its Current Ratio is at 3.63.
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, ROTH MKM on November 15, 2024, initiated with a Buy rating and assigned the stock a target price of $25.50.
On October 28, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $19.
On September 25, 2024, Macquarie started tracking the stock assigning a Outperform rating and target price of $16.Macquarie initiated its Outperform rating on September 25, 2024, with a $16 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 02 ’25 when Sullivan Adam Taylor sold 88,380 shares for $14.24 per share. The transaction valued at 1,258,796 led to the insider holds 4,128,505 shares of the business.
DUCHENE TODD M sold 129,861 shares of CORZ for $1,849,610 on Jan 02 ’25. The insider now owns 2,051,649 shares after completing the transaction at $14.24 per share. On Jan 03 ’25, another insider, DUCHENE TODD M, who serves as the insider of the company, sold 2,949 shares for $14.57 each. As a result, the insider received 42,962 and left with 2,048,700 shares of the company.
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 3923504640 and an Enterprise Value of 4238227968. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.04. Its current Enterprise Value per Revenue stands at 7.6 whereas that against EBITDA is 27.827.
Stock Price History:
Over the past 52 weeks, CORZ has reached a high of $18.63, while it has fallen to a 52-week low of $2.61. The 50-Day Moving Average of the stock is -9.56%, while the 200-Day Moving Average is calculated to be 39.30%.
Shares Statistics:
CORZ traded an average of 10.82M shares per day over the past three months and 7954940 shares per day over the past ten days. A total of 279.82M shares are outstanding, with a floating share count of 241.17M. Insiders hold about 13.64% of the company’s shares, while institutions hold 62.23% stake in the company. Shares short for CORZ as of 1734048000 were 39458247 with a Short Ratio of 3.65, compared to 1731628800 on 33923980.
