Cipher Mining Inc (CIFR) Stock: Navigating a Year of Volatility

The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Cipher Mining Inc’s current trading price is -40.18% away from its 52-week high, while its distance from the 52-week low is 165.87%. The stock’s price range for this period has been between $1.26 and $5.60 The company’s shares, which are part of the Financial sector, had a trading volume of approximately 8.27 for the day, a number notably higher than the average daily volume of 1.46 over the last three months.

Cipher Mining Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $5.60 on 12/27/23, while the lowest value for the same period was recorded at $1.26 on 03/10/23.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Cipher Mining Inc (CIFR) has experienced a quarterly decline of -6.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 853.11M.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.01, with a change in price of +0.49. Similarly, Cipher Mining Inc recorded 5,779,738 in trading volume during the last 100 days, posting a change of +17.13%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CIFR stands at 0.07. Similarly, the long-term debt-to-equity ratio is also 0.05.

CIFR Stock Stochastic Average

As of today, Cipher Mining Inc’s raw stochastic average for the last 50 days stands at 34.69%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 88.19%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 48.06% and 30.83%, respectively.

CIFR Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -18.89%. However, over the last six months, the performance has been stronger by -6.16%. The price of CIFR decreased -11.61% over the last 30 days. And in the last five days, it has surged by 25.00%.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts