Cipher Mining Inc (NASDAQ: CIFR) on Monday, plunged -6.47% from the previous trading day, before settling in for the closing price of $4.33. Within the past 52 weeks, CIFR’s price has moved between $2.15 and $7.99.
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Financial Sector giant saw their annual sales surged by 1358.85% over the last five years. The company achieved an average annual earnings per share of 46.62%. With a float of $193.06 million, this company’s outstanding shares have now reached $290.96 million.
The firm has a total of 35 workers. Let’s measure their productivity.
Cipher Mining Inc (CIFR) Breakdown of a Key Holders of the stock
Observing investor behavior towards Capital Markets industry stocks is more important than anything else. The insider ownership of Cipher Mining Inc is 37.73%, while institutional ownership is 16.74%. The most recent insider transaction that took place on Jul 19 ’24, was worth 1,615,596. In this transaction 10% Owner of this company sold 261,847 shares at a rate of $6.17, taking the stock ownership to the 109,649,340 shares. Before that another transaction happened on Jul 18 ’24, when Company’s 10% Owner sold 609,644 for $6.23, making the entire transaction worth $3,799,220. This insider now owns 109,911,187 shares in total.
Cipher Mining Inc (CIFR) Recent Fiscal highlights
As on 3/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.05 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.03) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 46.62% per share during the next fiscal year.
Cipher Mining Inc (NASDAQ: CIFR) Trading Performance Indicators
Cipher Mining Inc (CIFR) is currently performing well based on its current performance indicators. A quick ratio of 8.08 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.05, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 0.04 in one year’s time.
Technical Analysis of Cipher Mining Inc (CIFR)
Analysing the last 5-days average volume posted by the [Cipher Mining Inc, CIFR], we can find that recorded value of 8.51 million was lower than the volume posted last year of 8.94 million. As of the previous 9 days, the stock’s Stochastic %D was 9.89%. Additionally, its Average True Range was 0.61.
During the past 100 days, Cipher Mining Inc’s (CIFR) raw stochastic average was set at 20.40%, which indicates a significant increase from 15.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.21% in the past 14 days, which was lower than the 107.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.77, while its 200-day Moving Average is $3.83. Now, the first resistance to watch is $4.34. This is followed by the second major resistance level at $4.64. The third major resistance level sits at $5.13. If the price goes on to break the first support level at $3.55, it is likely to go to the next support level at $3.06. Now, if the price goes above the second support level, the third support stands at $2.76.
Cipher Mining Inc (NASDAQ: CIFR) Key Stats
Market capitalization of the company is 1.26 billion based on 310,029K outstanding shares. Right now, sales total 126,840 K and income totals -25,780 K. The company made 48,140 K in profit during its latest quarter, and 39,900 K in sales during its previous quarter.
