Core Scientific Inc (NASDAQ:CORZ) price on Thursday, May 09,rose 12.07% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $3.90.
A look at the stock’s price movement, the close in the last trading session was $3.48. The PE ratio in trailing twelve months stood at 27.94. Turning to its 52-week performance, $6.10 and $2.61 were the 52-week high and 52-week low respectively. Overall, CORZ moved 24.60% over the past month.
Core Scientific Inc’s market cap currently stands at around $693.34 million.
Analysts have a consensus estimate of 154.67M for the company’s revenue for the quarter, with a low and high estimate of 139.6M and 169.73M respectively.
CORZ’s current price about 23.20% and 15.90% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 64.97, while 7-day volatility ratio is 6.56% and 7.51% in the 30-day chart. Further, Core Scientific Inc (CORZ) has a beta value of 0, and an average true range (ATR) of 0.25.
If we refocus on Core Scientific Inc (NASDAQ:CORZ), historical trading data shows that trading volumes averaged 3.21 million over the past 3 months. The company’s latest data on shares outstanding shows there are 386.88 million shares.
The 11.33% of Core Scientific Inc’s shares are in the hands of company insiders while institutional holders own 7.27% of the company’s shares. Current price change has pushed the stock 13.37% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CORZ stock continues to rise going into the next quarter.
