Core Scientific Inc (NASDAQ:CORZ) traded at $13.22 at close of the session on current trade day and made an upward move of 10.44% on its previous day’s price.
Looking at the stock we see that its previous close was $11.97 with the day’s price range being $12.0 – $13.29. In terms of its 52-week price range, CORZ has a high of $12.95 and a low of $2.61. The company’s stock has gained about 27.24% over that past 30 days.
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
Core Scientific Inc has a market cap of $3.41 billion and is expected to release its quarterly earnings report in November. Estimates by analysts give the company expected earnings per share (EPS) of -0.09, with the EPS growth for the year raised at -3.32 for current year and -3.32 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 103.66M, with a low of 88M and a high of 112.1M.
Based on estimates by 6 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Core Scientific Inc (CORZ) stock as a Hold, while 6 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 9.18% off its SMA20 and 22.69% from its 50-day simple moving average. The RSI (14) is pointing at 66.96 while the volatility over the past week is 6.08% and jumps to 6.83% over the past one month. The average price target for the stock over the next 12 months is $15, with the estimates having a low of $3 and a high of $17. These price ends are 77.31% and -28.59% off the current price level respectively, although investors could be excited at the prospect of a -13.46% if the CORZ share price touches on the median price of $15.
Coming back to Core Scientific Inc (NASDAQ:CORZ), we note that the average 3-month trading volume was 11.22 million, while that of the preceding 10-day period stands at 7.87 million. Current shares outstanding are 386.88 million.
The insiders hold 14.54% of the company’s shares while institutions hold 50.56%. The data shows that short shares as of 2024-09-30, stood at 29.9 million at a short ratio of 2.63. Shares short fall in September from the previous month at 35.61 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 284.30% up in year-to-date price movement.
