Cipher Mining Inc (CIFR) distance from 200-day Simple Moving Average is $3.99: Right on the Precipice

Cipher Mining Inc (NASDAQ: CIFR) started the day on Thursday, with a price increase of 8.45% at $5.59, before settling in for the price of $5.15 at the close. Taking a more long-term approach, CIFR posted a 52-week range of $2.15-$7.99.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The company of the Financial sector’s yearbook sales growth during the past 5- year span was recorded 1358.85%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 56.02%. This publicly-traded company’s shares outstanding now amounts to $290.96 million, simultaneously with a float of $220.28 million. The organization now has a market capitalization sitting at $1.84 billion. At the time of writing, stock’s 50-day Moving Average stood at $3.80, while the 200-day Moving Average is $3.99.

Cipher Mining Inc (CIFR) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Capital Markets Industry. Cipher Mining Inc’s current insider ownership accounts for 33.03%, in contrast to 28.96% institutional ownership. According to the most recent insider trade that took place on Oct 15 ’24, this organization’s Co-President and COO sold 89,742 shares at the rate of 4.37, making the entire transaction reach 392,442 in total value, affecting insider ownership by 717,431.

Cipher Mining Inc (CIFR) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.

Cipher Mining Inc’s EPS increase for this current 12-month fiscal period is 56.02% and is forecasted to reach 0.10 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 0.39. Alongside those numbers, its PE Ratio stands at $110.16, and its Beta score is 2.24. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 11.58.

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 0.10 at the market close of one year from today.

Technical Analysis of Cipher Mining Inc (CIFR)

If we take a close look at the recent performances of Cipher Mining Inc (NASDAQ: CIFR), its last 5-days Average volume was 11.09 million that shows progress from its year to date volume of 9.08 million. During the previous 9 days, stock’s Stochastic %D was recorded 92.74% While, its Average True Range was 0.41.

Raw Stochastic average of Cipher Mining Inc (CIFR) in the period of the previous 100 days is set at 54.92%, which indicates a major fall in contrast to 99.75% 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 97.38% that was lower than 100.66% volatility it exhibited in the past 100-days period.