Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Core Scientific Inc’s current trading price is -35.48% away from its 52-week high, while its distance from the 52-week low is 360.54%. The stock’s price range during this period has varied between $2.61 and $18.63. The company, active in the Technology sector, saw a trading volume of around 4.86 million for the day, considerably lower average daily volume of 10.74 million observed over the last three months.
Core Scientific Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $18.63 on 11/26/24, while the lowest price during the same period was $2.61 on 04/17/24.
How Financial Performance Impacts Market Capitalization
Core Scientific Inc (CORZ) has experienced a quarterly decline of -22.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.36B and boasts a workforce of 286 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.24, with a change in price of -0.87. Similarly, Core Scientific Inc recorded 10,436,331 in trading volume during the last 100 days, posting a change of -6.75%.
CORZ Stock Stochastic Average
As of today, the raw stochastic average of Core Scientific Inc over the past 50 days is 21.99%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 26.68%. Additionally, the Stochastic %K and %D values for the company were 31.23% and 33.22%, respectively, over the past 20 days.
CORZ Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded a decrease of -14.45%. However, over the last six months, the performance has been weaker by 19.13%. The price of CORZ decreased -19.87% over the last 30 days. And in the last five days, it has fallen by -1.96%.
