In yesterday’s Wall Street session, Core Scientific Inc (NASDAQ:CORZ) shares traded at $13.02, up 3.33% from the previous session.
CORZ stock price is now 8.50% away from the 50-day moving average and 74.99% away from the 200-day moving average. The market capitalization of the company currently stands at $3.36B.
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With the price target of $19, Jefferies recently initiated with Buy rating for Core Scientific Inc (NASDAQ: CORZ). On September 25, 2024, Macquarie recently initiated its ‘Outperform’ rating on the stock quoting a target price of $16, while ‘Canaccord Genuity’ 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 $3.91 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 $3.88 million. A total of 14.56% 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 $14.64. The fifty day moving average price for CORZ is $11.9564 and a two-hundred day moving average price translates $7.4120455 for the stock.
The latest earnings results from Core Scientific Inc (NASDAQ: CORZ) was released for 2024-06-30.
