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 -55.39% away from its 52-week high, while its distance from the 52-week low is 188.54%. The stock’s price range during this period has varied between $2.88 and $18.63. The company, active in the Technology sector, saw a trading volume of around 13.71 million for the day, considerably lower average daily volume of 17.44 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 $2.88 on 05/01/24.
How Financial Performance Impacts Market Capitalization
Core Scientific Inc (CORZ) has experienced a quarterly decline of -48.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.45B and boasts a workforce of 325 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 11.54, with a change in price of -9.40. Similarly, Core Scientific Inc recorded 14,628,483 in trading volume during the last 100 days, posting a change of -53.08%.
CORZ Stock Stochastic Average
As of today, the raw stochastic average of Core Scientific Inc over the last 50 days is at 31.33%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 92.14%. Further, the company’s Stochastic %K and %D values for the last 20 days were 63.46% and 42.35%, respectively.
CORZ Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -40.85%. However, over the past six months, we’ve seen a stronger performance of -39.43%. The price of CORZ fallen by 8.91% over the last 30 days. And in the last five days, it has surged by 25.34%.
