On Monday, Cipher Mining Inc (NASDAQ: CIFR) opened lower -5.97% from the last session, before settling in for the closing price of $6.70. Price fluctuations for CIFR have ranged from $2.15 to $7.99 over the past 52 weeks.
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Annual sales at Financial sector company grew by 1358.85% over the past five years. Company’s average yearly earnings per share was noted -116.29% at the time writing. With a float of $234.43 million, this company’s outstanding shares have now reached $347.80 million.
Let’s look at the performance matrix of the company that is accounted for 35 employees. 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Capital Markets industry is another important factor to consider. The insider ownership of Cipher Mining Inc is 32.60%, while institutional ownership is 28.86%. 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) Latest Financial update
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
Check out the current performance indicators for Cipher Mining Inc (CIFR). In the past 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 14.93.
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)
Cipher Mining Inc (NASDAQ: CIFR) saw its 5-day average volume 9.33 million, a negative change from its year-to-date volume of 9.33 million. As of the previous 9 days, the stock’s Stochastic %D was 54.75%. Additionally, its Average True Range was 0.69.
During the past 100 days, Cipher Mining Inc’s (CIFR) raw stochastic average was set at 68.32%, which indicates a significant increase from 32.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 110.41% in the past 14 days, which was lower than the 111.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.29, while its 200-day Moving Average is $4.41. Nevertheless, the first resistance level for the watch stands at $6.65 in the near term. At $7.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.26. If the price goes on to break the first support level at $6.05, it is likely to go to the next support level at $5.79. The third support level lies at $5.44 if the price breaches the second support level.
Cipher Mining Inc (NASDAQ: CIFR) Key Stats
There are currently 347,806K shares outstanding in the company with a market cap of 2.28 billion. Presently, the company’s annual sales total 126,840 K according to its annual income of -25,780 K. Last quarter, the company’s sales amounted to 24,100 K and its income totaled -86,750 K.
