Witnessing the stock’s movement on the chart, on Thursday, Cipher Mining Inc (NASDAQ: CIFR) had a quiet start as it plunged -4.92% to $6.19, before settling in for the price of $6.51 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 firm’s twelve-monthly sales growth has been 1358.85% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is -116.29%. This publicly-traded company’s shares outstanding now amounts to $290.96 million, simultaneously with a float of $234.35 million. The organization now has a market capitalization sitting at $2.15 billion. At the time of writing, stock’s 50-day Moving Average stood at $4.88, while the 200-day Moving Average is $4.32.
Cipher Mining Inc (CIFR) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Capital Markets industry. Cipher Mining Inc’s current insider ownership accounts for 32.62%, in contrast to 28.84% institutional ownership. According to the most recent insider trade that took place on Nov 08 ’24, this organization’s Co-President and COO sold 53,161 shares at the rate of 7.16, making the entire transaction reach 380,633 in total value, affecting insider ownership by 664,270. Preceding that transaction, on Nov 07 ’24, Company’s 10% Owner sold 300,000 for 6.60, making the whole transaction’s value amount to 1,980,000. This particular insider is now the holder of 98,747,588 in total.
Cipher Mining Inc (CIFR) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
Cipher Mining Inc’s EPS decrease for this current 12-month fiscal period is -116.29% and is forecasted to reach -0.02 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 2.57. The Stock has managed to achieve an average true range (ATR) of 0.62. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 14.12.
In the same vein, CIFR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.14, a figure that is expected to reach -0.07 in the next quarter, and analysts are predicting that it will be -0.02 at the market close of one year from today.
Technical Analysis of Cipher Mining Inc (CIFR)
Going through the that latest performance of [Cipher Mining Inc, CIFR]. Its last 5-days volume of 7.51 million was inferior to the volume of 9.33 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 17.51% While, its Average True Range was 0.67.
Raw Stochastic average of Cipher Mining Inc (CIFR) in the period of the previous 100 days is set at 66.26%, which indicates a major rise in contrast to 43.27% 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 130.47% that was higher than 106.14% volatility it exhibited in the past 100-days period.
