Cipher Mining Inc (NASDAQ:CIFR) currently has a daily average trading volume of 13.57M but it saw 13200907 shares traded in last market. With a market cap of 968.90M USD, the company’s current market price of $2.68 came falling about -11.84 while comparing to the previous closing price of $3.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.99 and as low as $2.65. In the recent trading on the day, stock has struck highest price mark of $2.58 while lowest mark touched by it was $3.03.
Taking a look at 20-day trading activity of Cipher Mining Inc (CIFR) gives us an average price of $3.35, while its current price level is -66.46% below from 52-week high level whereas it is 0.94% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.59 while that of 200 days or SMA-200 reads an average of $4.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.51% during that period while stretching the period over a month that increases to 11.38%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 31.94 which implies that the stock is in neutral territory.
Over the week, CIFR’s stock price is moving -12.42% down while it is -34.63% when we observe its performance for the past one month. Year-to-date it is -42.24% down and over the past year, the stock is showing a downside performance of -41.99%.
The company is expected to be releasing its next quarterly report on 2025-Feb-24, for which analysts forecasted an EPS of 0.06 while estimate for next year EPS is 0.39. In next quarter, company is expected to be making quarterly sales of $58.08M as analysts are expecting the sales for current fiscal year at $295.66M and seeing the company making $562.11M in sales next year. Moreover, analysts are in estimates of $53.87M for current-quarter revenue.
Currently, Cipher Mining Inc’s total number of outstanding shares is 350.78M with 30.18% of that held by the insiders while 64.82% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -6.38% and return on equity (ROE) at -7.61%. It has a 354.03 of forward P/E ratio. Stock’s beta reads 2.55. Stock has a price to book (P/B) ratio of 1.38 while price to sale or P/S ratio amounts to 6.41. Its return on asset (ROA) is -6.01% on average.
