Cipher Mining Inc (NASDAQ: CIFR) kicked off on Friday, down -9.70% from the previous trading day, before settling in for the closing price of $6.08. Over the past 52 weeks, CIFR has traded in a range of $2.65-$7.99.
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A company in the Financial sector has jumped its sales by 1358.85% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -142.95%. With a float of $239.61 million, this company’s outstanding shares have now reached $347.80 million.
In an organization with 35 employees, it is important to assess its efficiency. 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 Updates
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 31.11%, while institutional ownership is 37.59%. 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) Performance Highlights and Predictions
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 -142.95% 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 12.52.
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 -0.01 in one year’s time.
Technical Analysis of Cipher Mining Inc (CIFR)
Let’s dig in a bit further. During the last 5-days, its volume was 9.91 million. That was inferior than the volume of 11.54 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 38.37%. Additionally, its Average True Range was 0.54.
During the past 100 days, Cipher Mining Inc’s (CIFR) raw stochastic average was set at 46.92%, which indicates a significant increase from 27.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.83% in the past 14 days, which was lower than the 116.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.60, while its 200-day Moving Average is $4.88. However, in the short run, Cipher Mining Inc’s stock first resistance to watch stands at $6.13. Second resistance stands at $6.76. The third major resistance level sits at $7.09. If the price goes on to break the first support level at $5.16, it is likely to go to the next support level at $4.83. Assuming the price breaks the second support level, the third support level stands at $4.20.
Cipher Mining Inc (NASDAQ: CIFR) Key Stats
The company with the Market Capitalisation of 1.91 billion has total of 347,806K 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 24,100 K and last quarter income was -86,750 K.
