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As of close of business last night, Core Scientific Inc’s stock clocked out at $10.09, up 8.96% from its previous closing price of $9.26. In other words, the price has increased by $8.96 from its previous closing price. On the day, 13.6 million shares were traded. CORZ stock price reached its highest trading level at $10.1 during the session, while it also had its lowest trading level at $9.22.
Ratios:
To gain a deeper understanding of CORZ’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2368.58. For the most recent quarter (mrq), Quick Ratio is recorded 1.58 and its Current Ratio is at 1.58.
On July 17, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $20.
On July 10, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $17.Bernstein initiated its Outperform rating on July 10, 2024, with a $17 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 Aug 16 ’24 when DUCHENE TODD M bought 11,582 shares for $9.44 per share.
Sterling Denise Marie Brucia bought 8,752 shares of CORZ for $82,614 on Aug 16 ’24. On Jun 25 ’24, another insider, DUCHENE TODD M, who serves as the insider of the company, sold 7,321 shares for $9.39 each. As a result, the insider received 68,715 and left with 359,877 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 2605470208 and an Enterprise Value of 3130241280. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.53. Its current Enterprise Value per Revenue stands at 5.442 whereas that against EBITDA is 17.699.
Stock Price History:
Over the past 52 weeks, CORZ has reached a high of $12.25, while it has fallen to a 52-week low of $2.61. The 50-Day Moving Average of the stock is 5.20%, while the 200-Day Moving Average is calculated to be 77.33%.
Shares Statistics:
It appears that CORZ traded 14.13M shares on average per day over the past three months and 17174950 shares per day over the past ten days. A total of 386.88M shares are outstanding, with a floating share count of 209.99M. Insiders hold about 18.68% of the company’s shares, while institutions hold 47.35% stake in the company. Shares short for CORZ as of 1722384000 were 24846882 with a Short Ratio of 1.76, compared to 1719532800 on 32998613.
