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As of close of business last night, Core Scientific Inc’s stock clocked out at $15.60, down -1.45% from its previous closing price of $15.83. In other words, the price has decreased by -$1.45 from its previous closing price. On the day, 7.42 million shares were traded. CORZ stock price reached its highest trading level at $16.44 during the session, while it also had its lowest trading level at $15.525.
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 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:
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 Sep 13 ’24 when Patten Jarrod M bought 2,240 shares for $11.05 per share. The transaction valued at 24,752 led to the insider holds 300,000 shares of the business.
Patten Jarrod M bought 2,100 shares of CORZ for $21,210 on Sep 11 ’24. The Director now owns 297,760 shares after completing the transaction at $10.10 per share. On Sep 10 ’24, another insider, Patten Jarrod M, who serves as the Director of the company, bought 2,100 shares for $9.90 each. As a result, the insider paid 20,790 and bolstered with 295,660 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 4356346880 and an Enterprise Value of 4735298560. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.01. Its current Enterprise Value per Revenue stands at 8.491 whereas that against EBITDA is 31.09.
Stock Price History:
Over the past 52 weeks, CORZ has reached a high of $18.03, while it has fallen to a 52-week low of $2.61. The 50-Day Moving Average of the stock is 19.02%, while the 200-Day Moving Average is calculated to be 94.93%.
Shares Statistics:
It appears that CORZ traded 10.57M shares on average per day over the past three months and 12213400 shares per day over the past ten days. A total of 386.88M shares are outstanding, with a floating share count of 238.43M. Insiders hold about 14.62% of the company’s shares, while institutions hold 61.76% stake in the company. Shares short for CORZ as of 1730332800 were 29488090 with a Short Ratio of 2.79, compared to 1727654400 on 29897524.
