Core Scientific Inc [NASDAQ: CORZ] traded at a low on Monday, posting a -0.57 loss after which it closed the day’ session at $14.05.
The results of the trading session contributed to over 11135316 shares changing hands. Over the past one week, the price volatility of Core Scientific Inc stands at 8.54% while the volatility over the past one month is 7.16%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for CORZ stock reached $3.83 billion, with 279.82 million shares outstanding and 241.17 million shares in the current float. Compared to the average trading volume of 10.77M shares, CORZ reached a trading volume of 11135316 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $20.42 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 1.23. 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.
ROTH MKM have made an estimate for Core Scientific Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 15, 2024. While these analysts kept the previous recommendation, Jefferies raised their target price to Buy. The new note on the price target was released on October 28, 2024, representing the official price target for Core Scientific Inc stock. Previously, the target price had yet another raise to $16, while Macquarie analysts kept a Outperform rating on CORZ stock.
The Average True Range (ATR) for Core Scientific Inc is set at 1.12, with the Price to Sales ratio for CORZ stock in the period of the last 12 months amounting to 6.87.
How has CORZ stock performed recently?
Core Scientific Inc [CORZ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.16. With this latest performance, CORZ shares dropped by -19.94% in over the last four-week period, additionally plugging by 51.56% 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 38.55, with the RSI for the last a single of trading hit 31.56, and the three-weeks RSI is set at 43.37 for Core Scientific Inc [CORZ]. The present Moving Average for the last 50 days of trading for this stock 15.29, while it was recorded at 14.63 for the last single week of trading, and 9.53 for the last 200 days.
Core Scientific Inc [CORZ]: Deeper insight into the 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.
Insider trade positions for Core Scientific Inc [CORZ]
There are presently around $67.39%, or 75.63%% of CORZ stock, in the hands of institutional investors.
