On Monday, Cipher Mining Inc (NASDAQ: CIFR) was -4.87% drop from the session before settling in for the closing price of $6.78. 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 -116.29%. With a float of $234.35 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 -2.2%, operating margin of -82.66%, and the pretax margin is -29.28%.
Cipher Mining Inc (CIFR) Insider Activity
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 32.62%, while institutional ownership is 28.84%. The most recent insider transaction that took place on Nov 21 ’24, was worth 515,970. In this transaction 10% Owner of this company sold 73,500 shares at a rate of $7.02, taking the stock ownership to the 98,667,188 shares. Before that another transaction happened on Nov 20 ’24, when Company’s 10% Owner sold 6,900 for $7.00, making the entire transaction worth $48,300. This insider now owns 98,740,688 shares in total.
Cipher Mining Inc (CIFR) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.1 earnings per share (EPS) during the time that was better than consensus figure (set at 0.06) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -116.29% 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 2.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.02 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 8.83 million was lower than the volume posted last year of 9.33 million. As of the previous 9 days, the stock’s Stochastic %D was 29.95%. Additionally, its Average True Range was 0.66.
During the past 100 days, Cipher Mining Inc’s (CIFR) raw stochastic average was set at 71.13%, which indicates a significant increase from 31.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 134.12% in the past 14 days, which was higher than the 107.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.02, while its 200-day Moving Average is $4.36. Now, the first resistance to watch is $6.84. This is followed by the second major resistance level at $7.24. The third major resistance level sits at $7.55. If the price goes on to break the first support level at $6.13, it is likely to go to the next support level at $5.82. Should the price break the second support level, the third support level stands at $5.42.
Cipher Mining Inc (NASDAQ: CIFR) Key Stats
There are 347,806K outstanding shares of the company, which has a market capitalization of 2.24 billion. As of now, sales total 126,840 K while income totals -25,780 K. Its latest quarter income was 24,100 K while its last quarter net income were -86,750 K.
