Core Scientific Inc (NASDAQ:CORZ) shares traded -2.27% lower at $13.37 on Wall Street last session.
CORZ stock price is now 15.57% away from the 50-day moving average and 85.16% away from the 200-day moving average. The market capitalization of the company currently stands at $3.45B.
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With the price target of $16, Macquarie recently initiated with Outperform rating for Core Scientific Inc (NASDAQ: CORZ). On September 23, 2024, Canaccord Genuity recently initiated its ‘Buy’ rating on the stock quoting a target price of $16, while ‘Needham’ rates the stock as ‘Buy’
In other news, Patten Jarrod M, Director bought 2,240 shares of the company’s stock on Sep 13 ’24. The stock was bought for $24,752 at an average price of $11.05. Upon completion of the transaction, the Director now directly owns 300,000 shares in the company, valued at $4.01 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 11 ’24, Director Patten Jarrod M bought 2,100 shares of the business’s stock. A total of $21,210 was incurred on buying the stock at an average price of $10.10. This leaves the insider owning 297,760 shares of the company worth $3.98 million. A total of 14.54% 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 $14.06. The fifty day moving average price for CORZ is $11.5684 and a two-hundred day moving average price translates $7.220755 for the stock.
The latest earnings results from Core Scientific Inc (NASDAQ: CORZ) was released for 2024-06-30.
