Core Scientific Inc (NASDAQ:CORZ) has a beta value of 7.18 and has seen 2.15 million shares traded in the last trading session. The company, currently valued at $3.89B, closed the last trade at $13.93 per share which meant it lost -$0.19 on the day or -1.35% during that session. The CORZ stock price is -33.74% off its 52-week high price of $18.63 and 81.26% above the 52-week low of $2.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.95 million shares traded. The 3-month trading volume is 10.82 million shares.
The consensus among analysts is that Core Scientific Inc (CORZ) is Buy stock at the moment, with a recommendation rating of 1.23. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 6 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight.
Core Scientific Inc (NASDAQ:CORZ) trade information
Sporting -1.35% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CORZ stock price touched $13.93 or saw a rise of 11.5%. Year-to-date, Core Scientific Inc shares have moved -0.85%, while the 5-day performance has seen it change -0.85%. Over the past 30 days, the shares of Core Scientific Inc (NASDAQ:CORZ) have changed -18.01%. Short interest in the company has seen 39.46 million shares shorted with days to cover at 3.78.
Wall Street analysts have a consensus price target for the stock at $16, which means that the shares’ value could jump 12.94% from current levels. The projected low price target is $14.0 while the price target rests at a high of $20.0. In that case, then, we find that the current price level is -43.58% off the targeted high while a plunge would see the stock gain -0.5% from current levels.
Core Scientific Inc (CORZ) estimates and forecasts
Figures show that Core Scientific Inc shares have underperformed across the wider relevant industry. The company’s shares have gained 42.58% over the past 6 months, with this year growth rate of -2,729.41%, compared to 6.70% for the industry.
CORZ Dividends
Core Scientific Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Core Scientific Inc (NASDAQ:CORZ)’s Major holders
Insiders own 10.89% of the company shares, while shares held by institutions stand at 68.26% with a share float percentage of 76.60%. Investors are also buoyed by the number of investors in a company, with Core Scientific Inc having a total of 322.0 institutions that hold shares in the company.
