Cipher Mining Inc (NASDAQ:CIFR) currently has a daily average trading volume of 14.25M but it saw 7438886 shares traded in last market. With a market cap of 840.56M USD, the company’s current market price of $2.33 came rising about 0.22 while comparing to the previous closing price of $2.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.99 and as low as $1.86. In the recent trading on the day, stock has struck highest price mark of $2.22 while lowest mark touched by it was $2.36.
Taking a look at 20-day trading activity of Cipher Mining Inc (CIFR) gives us an average price of $2.50, while its current price level is -70.90% below from 52-week high level whereas it is 25.00% 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 $3.72 while that of 200 days or SMA-200 reads an average of $4.67. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.34% during that period while stretching the period over a month that increases to 12.18%. 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 39.90 which implies that the stock is in neutral territory.
Over the week, CIFR’s stock price is moving -5.49% down while it is -18.99% when we observe its performance for the past one month. Year-to-date it is -49.89% down and over the past year, the stock is showing a downside performance of -36.30%.
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 0.38. In next quarter, company is expected to be making quarterly sales of $54.88M as analysts are expecting the sales for current fiscal year at $282.18M and seeing the company making $526.43M in sales next year. Moreover, analysts are in estimates of $53.66M for current-quarter revenue.
Currently, Cipher Mining Inc’s total number of outstanding shares is 350.78M with 30.21% of that held by the insiders while 66.19% 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%. Stock’s beta reads 2.61. Stock has a price to book (P/B) ratio of 1.20 while price to sale or P/S ratio amounts to 5.56. Its return on asset (ROA) is -6.01% on average.
