Cipher Mining Inc (NASDAQ: CIFR) open the trading on Wednesday, with a bit cautious approach as it glided -0.81% to $3.69, before settling in for the price of $3.72 at the close. Taking a more long-term approach, CIFR posted a 52-week range of $1.76-$5.75.
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The Financial sector firm’s twelve-monthly sales growth has been 1358.85% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is -2.61%. This publicly-traded company’s shares outstanding now amounts to $290.96 million, simultaneously with a float of $171.00 million. The organization now has a market capitalization sitting at $1.09 billion. At the time of writing, stock’s 50-day Moving Average stood at $3.92, while the 200-day Moving Average is $3.35.
Cipher Mining Inc (CIFR) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Capital Markets industry. Cipher Mining Inc’s current insider ownership accounts for 42.33%, in contrast to 12.69% institutional ownership. According to the most recent insider trade that took place on Nov 09 ’23, this organization’s 10% Owner sold 10,000,000 shares at the rate of 2.95, making the entire transaction reach 29,500,000 in total value, affecting insider ownership by 191,931,387. Preceding that transaction, on Aug 17 ’23, Company’s Co-President and COO sold 35,000 for 3.19, making the whole transaction’s value amount to 111,650. This particular insider is now the holder of 235,351 in total.
Cipher Mining Inc (CIFR) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 12/31/2023 suggests? It has posted -0.03 earnings per share (EPS) beating the forecaster’s viewpoint (set at -0.02) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
Cipher Mining Inc’s EPS decrease for this current 12-month fiscal period is -2.61% and is forecasted to reach 0.29 in the upcoming year.
Cipher Mining Inc (NASDAQ: CIFR) Trading Performance Indicators
Let’s observe the current performance indicators for Cipher Mining Inc (CIFR). It’s Quick Ratio in the last reported quarter now stands at 4.60. The Stock has managed to achieve an average true range (ATR) of 0.45. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.63.
In the same vein, CIFR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.11, a figure that is expected to reach 0.00 in the next quarter, and analysts are predicting that it will be 0.29 at the market close of one year from today.
Technical Analysis of Cipher Mining Inc (CIFR)
[Cipher Mining Inc, CIFR] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 27.55% While, its Average True Range was 0.44.
Raw Stochastic average of Cipher Mining Inc (CIFR) in the period of the previous 100 days is set at 42.70%, which indicates a major rise in contrast to 22.94% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 117.44% that was lower than 137.24% volatility it exhibited in the past 100-days period.
