On Monday, Cipher Mining Inc (NASDAQ: CIFR) was 0.25% up from the session before settling in for the closing price of $4.00. A 52-week range for CIFR has been $2.15 – $7.99.
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Financial Sector giant saw their annual sales surged by 1358.85% over the last five years. When this article was written, the company’s average yearly earnings per share was at 33.73%. With a float of $204.84 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. In terms of profitability, gross margin is 12.38%, operating margin of -33.3%, and the pretax margin is 17.08%.
Cipher Mining Inc (CIFR) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cipher Mining Inc stocks. The insider ownership of Cipher Mining Inc is 37.73%, while institutional ownership is 28.08%. The most recent insider transaction that took place on Jul 18 ’24, was worth 3,799,220. In this transaction 10% Owner of this company sold 609,644 shares at a rate of $6.23, taking the stock ownership to the 109,911,187 shares. Before that another transaction happened on Jul 19 ’24, when Company’s 10% Owner sold 261,847 for $6.17, making the entire transaction worth $1,615,596. This insider now owns 109,649,340 shares in total.
Cipher Mining Inc (CIFR) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.07 earnings per share (EPS) during the time that was less than consensus figure (set at -0.05) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 33.73% per share during the next fiscal year.
Cipher Mining Inc (NASDAQ: CIFR) Trading Performance Indicators
You can see what Cipher Mining Inc (CIFR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 8.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.05, a number that is poised to hit -0.07 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 8.62 million was lower than the volume posted last year of 8.91 million. As of the previous 9 days, the stock’s Stochastic %D was 50.71%. Additionally, its Average True Range was 0.41.
During the past 100 days, Cipher Mining Inc’s (CIFR) raw stochastic average was set at 15.14%, which indicates a significant decrease from 45.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.81% in the past 14 days, which was lower than the 100.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.74, while its 200-day Moving Average is $3.87. Now, the first resistance to watch is $4.10. This is followed by the second major resistance level at $4.20. The third major resistance level sits at $4.34. If the price goes on to break the first support level at $3.87, it is likely to go to the next support level at $3.73. Now, if the price goes above the second support level, the third support stands at $3.63.
Cipher Mining Inc (NASDAQ: CIFR) Key Stats
There are 310,029K outstanding shares of the company, which has a market capitalization of 1.32 billion. As of now, sales total 126,840 K while income totals -25,780 K. Its latest quarter income was 36,810 K while its last quarter net income were -15,290 K.
