Cipher Mining Inc (CIFR) with a beta value of 2.19 appears to be a promising investment opportunity.

Cipher Mining Inc (NASDAQ: CIFR) kicked off on Monday, down -4.00% from the previous trading day, before settling in for the closing price of $5.25. Over the past 52 weeks, CIFR has traded in a range of $2.15-$7.99.

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Financial Sector giant saw their annual sales surged by 1358.85% over the last five years. While this was happening, its average annual earnings per share was recorded -56.40%. With a float of $233.97 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 7.47%, operating margin of -98.47%, and the pretax margin is -26.92%.

Cipher Mining Inc (CIFR) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Capital Markets Industry. The insider ownership of Cipher Mining Inc is 32.73%, while institutional ownership is 27.85%. The most recent insider transaction that took place on Oct 28 ’24, was worth 6,220,000. In this transaction 10% Owner of this company sold 1,000,000 shares at a rate of $6.22, taking the stock ownership to the 99,047,588 shares. Before that another transaction happened on Oct 15 ’24, when Company’s Co-President and COO sold 89,742 for $4.37, making the entire transaction worth $392,442. This insider now owns 717,431 shares in total.

Cipher Mining Inc (CIFR) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.05 earnings per share (EPS), higher than consensus estimate (set at -0.04) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -56.40% per share during the next fiscal year.

Cipher Mining Inc (NASDAQ: CIFR) Trading Performance Indicators

Take a look at Cipher Mining Inc’s (CIFR) current performance indicators. Last quarter, stock had a quick ratio of 2.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.24.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach 0.03 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 10.95 million was better than the volume posted last year of 9.13 million. As of the previous 9 days, the stock’s Stochastic %D was 31.55%. Additionally, its Average True Range was 0.40.

During the past 100 days, Cipher Mining Inc’s (CIFR) raw stochastic average was set at 44.70%, which indicates a significant decrease from 44.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 96.26% in the past 14 days, which was lower than the 100.89% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.99, while its 200-day Moving Average is $4.07. Now, the first resistance to watch is $5.26. This is followed by the second major resistance level at $5.47. The third major resistance level sits at $5.61. If the price goes on to break the first support level at $4.91, it is likely to go to the next support level at $4.77. Now, if the price goes above the second support level, the third support stands at $4.56.

Cipher Mining Inc (NASDAQ: CIFR) Key Stats

The company with the Market Capitalisation of 1.87 billion has total of 335,272K Shares Outstanding. Its annual sales at the moment are 126,840 K in contrast with the sum of -25,780 K annual income. Company’s last quarter sales were recorded 36,810 K and last quarter income was -15,290 K.