Core Scientific Inc (NASDAQ:CORZ) shares traded -1.18% lower at $10.92 on Wall Street last session.
CORZ stock price is now 41.06% away from the 50-day moving average and 112.62% away from the 200-day moving average. The market capitalization of the company currently stands at $1.94B.
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With the price target maintained at $13, B. Riley Securities recently Upgraded its rating from Neutral to Buy for Core Scientific Inc (NASDAQ: CORZ). On July 17, 2024, Cantor Fitzgerald recently initiated its ‘Overweight’ rating on the stock quoting a target price of $20, while ‘Bernstein’ rates the stock as ‘Outperform’
In other news, DUCHENE TODD M, insider sold 7,321 shares of the company’s stock on Jun 25 ’24. The stock was sold for $68,715 at an average price of $9.39. Upon completion of the transaction, the insider now directly owns 359,877 shares in the company, valued at $3.93 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 14 ’24, DUCHENE TODD M sold 26,230 shares of the business’s stock. A total of $259,564 was realized by selling the stock at an average price of $9.90. This leaves the insider owning 367,198 shares of the company worth $4.01 million. A total of 17.93% of the company’s stock is owned by insiders.
During the past 12 months, Core Scientific Inc has had a low of $2.61 and a high of $12.25. The fifty day moving average price for CORZ is $7.8817 and a two-hundred day moving average price translates $5.1822 for the stock.
The latest earnings results from Core Scientific Inc (NASDAQ: CORZ) was released for 2024-03-31. The net profit margin was -6.31% and return on equity was -7418.13% for CORZ.
