Gaining Ground: Core Scientific Inc (CORZ) Closes Higher at 6.63, Up 0.61

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The price of Core Scientific Inc (NASDAQ: CORZ) closed at $6.63 in the last session, up 0.61% from day before closing price of $6.59. In other words, the price has increased by $0.61 from its previous closing price. On the day, 9.75 million shares were traded. CORZ stock price reached its highest trading level at $6.75 during the session, while it also had its lowest trading level at $6.3.

Ratios:

We take a closer look at CORZ’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 1955127424 and an Enterprise Value of 2313604864. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.83. Its current Enterprise Value per Revenue stands at 4.531 whereas that against EBITDA is 23.556.

Stock Price History:

The Beta on a monthly basis for CORZ is 5.94, which has changed by 1.027523 over the last 52 weeks, in comparison to a change of 0.05430484 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 $2.61. The 50-Day Moving Average of the stock is -27.53%, while the 200-Day Moving Average is calculated to be -44.16%.

Shares Statistics:

According to the various share statistics, CORZ traded on average about 17.26M shares per day over the past 3-months and 15242330 shares per day over the past 10 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 80.60% stake in the company. Shares short for CORZ as of 1743379200 were 43299715 with a Short Ratio of 2.51, compared to 1740700800 on 42491025. Therefore, it implies a Short% of Shares Outstanding of 43299715 and a Short% of Float of 14.819999000000001.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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