Core Scientific Inc [NASDAQ: CORZ] closed the trading session at $17.47.
The stocks have a year to date performance of 407.85 percent and weekly performance of 38.65 percent. The stock has been moved at 380.61 percent over the last six months. The stock has performed 32.15 percent around the most recent 30 days and changed 106.50 percent over the most recent 3-months.
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If compared to the average trading volume of 11.47M shares, CORZ reached to a volume of 16431458 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Core Scientific Inc [CORZ]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CORZ shares is $17.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CORZ stock is a recommendation set at 1.08. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for Core Scientific Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 28, 2024. While these analysts kept the previous recommendation, Macquarie raised their target price to Outperform. The new note on the price target was released on September 25, 2024, representing the official price target for Core Scientific Inc stock. Previously, the target price had yet another raise to $16, while Canaccord Genuity analysts kept a Buy rating on CORZ stock.
The Average True Range (ATR) for Core Scientific Inc is set at 0.93, with the Price to Sales ratio for CORZ stock in the period of the last 12 months amounting to 9.01.
CORZ stock trade performance evaluation
Core Scientific Inc [CORZ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 38.65. With this latest performance, CORZ shares gained by 32.15% in over the last four-week period, additionally plugging by 380.61% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CORZ stock in for the last two-week period is set at 76.41, with the RSI for the last a single of trading hit 80.92, and the three-weeks RSI is set at 72.85 for Core Scientific Inc [CORZ]. The present Moving Average for the last 50 days of trading for this stock 12.48, while it was recorded at 15.65 for the last single week of trading, and 7.68 for the last 200 days.
Core Scientific Inc [CORZ]: An insightful look at the core fundamentals
Core Scientific Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.63 and a Current Ratio set at 3.63.
Core Scientific Inc [CORZ]: Institutional Ownership
There are presently around $59.52%, or 66.65%% of CORZ stock, in the hands of institutional investors.
