Cipher Mining Inc (CIFR) PE Ratio stood at $57.00: Odds are Looking Good After Recent Activity

Cipher Mining Inc (NASDAQ: CIFR) flaunted slowness of -2.86% at $2.89, before settling in for the price of $2.97 at the close. Taking a more long-term approach, CIFR posted a 52-week range of $2.15-$7.99.

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The Financial Sector giants’ yearly sales growth during the last 5-year period was 1358.85%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 32.30%. This publicly-traded company’s shares outstanding now amounts to $290.96 million, simultaneously with a float of $204.84 million. The organization now has a market capitalization sitting at $950.64 million. At the time of writing, stock’s 50-day Moving Average stood at $4.54, while the 200-day Moving Average is $3.89.

Cipher Mining Inc (CIFR) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Cipher Mining Inc industry. Cipher Mining Inc’s current insider ownership accounts for 37.73%, in contrast to 28.10% institutional ownership. According to the most recent insider trade that took place on Jul 18 ’24, this organization’s 10% Owner sold 609,644 shares at the rate of 6.23, making the entire transaction reach 3,799,220 in total value, affecting insider ownership by 109,911,187. Preceding that transaction, on Jul 19 ’24, Company’s 10% Owner sold 261,847 for 6.17, making the whole transaction’s value amount to 1,615,596. This particular insider is now the holder of 109,649,340 in total.

Cipher Mining Inc (CIFR) Earnings and Revenue Records

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 increase for this current 12-month fiscal period is 32.30% and is forecasted to reach 0.12 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 8.49. The Stock has managed to achieve an average true range (ATR) of 0.35. Alongside those numbers, its PE Ratio stands at $57.00, and its Beta score is 2.28. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.99.

In the same vein, CIFR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.05, a figure that is expected to reach -0.07 in the next quarter, and analysts are predicting that it will be 0.12 at the market close of one year from today.

Technical Analysis of Cipher Mining Inc (CIFR)

Now, what If we examine the latest scores posted by [Cipher Mining Inc, CIFR]. During the last 5-days, its volume was lower the volume of 8.87 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 4.00% While, its Average True Range was 0.31.

Raw Stochastic average of Cipher Mining Inc (CIFR) in the period of the previous 100 days is set at 0.51%, which indicates a major fall in contrast to 1.93% 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 68.80% that was lower than 101.81% volatility it exhibited in the past 100-days period.