On Friday, Cipher Mining Inc (NASDAQ: CIFR) opened higher 4.42% from the last session, before settling in for the closing price of $5.20. Price fluctuations for CIFR have ranged from $2.15 to $7.99 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 1358.85%. Company’s average yearly earnings per share was noted -144.69% at the time writing. With a float of $239.61 million, this company’s outstanding shares have now reached $347.80 million.
Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock
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 31.11%, while institutional ownership is 29.25%. The most recent insider transaction that took place on Dec 17 ’24, was worth 23,556. In this transaction 10% Owner of this company sold 3,120 shares at a rate of $7.55, taking the stock ownership to the 97,567,437 shares. Before that another transaction happened on Dec 16 ’24, when Company’s 10% Owner sold 300,000 for $7.23, making the entire transaction worth $2,169,000. This insider now owns 97,820,557 shares in total.
Cipher Mining Inc (CIFR) Recent Fiscal highlights
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 -144.69% 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 12.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.02 in one year’s time.
Technical Analysis of Cipher Mining Inc (CIFR)
Looking closely at Cipher Mining Inc (NASDAQ: CIFR), its last 5-days average volume was 7.54 million, which is a drop from its year-to-date volume of 7.69 million. As of the previous 9 days, the stock’s Stochastic %D was 50.72%. Additionally, its Average True Range was 0.52.
During the past 100 days, Cipher Mining Inc’s (CIFR) raw stochastic average was set at 54.25%, which indicates a significant decrease from 63.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.48% in the past 14 days, which was lower than the 110.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.07, while its 200-day Moving Average is $4.71. However, in the short run, Cipher Mining Inc’s stock first resistance to watch stands at $5.64. Second resistance stands at $5.86. The third major resistance level sits at $6.00. If the price goes on to break the first support level at $5.28, it is likely to go to the next support level at $5.14. Now, if the price goes above the second support level, the third support stands at $4.92.
Cipher Mining Inc (NASDAQ: CIFR) Key Stats
There are currently 347,806K shares outstanding in the company with a market cap of 1.89 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.