Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Cipher Mining Inc’s current trading price is -41.87% away from its 52-week high, while its distance from the 52-week low is 158.33%. The stock’s price range over this period has fluctuated between $1.26 and $5.60. The company, operating within the financial sector, had a trading volume of approximately 5.03 million for the day, which was noticeably lower than the average daily share volume of 10.39 million over the last 3 months.
Cipher Mining Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $5.60 on 12/27/23 and the lowest value was $1.26 on 03/13/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cipher Mining Inc (CIFR) has experienced a quarterly rise of 24.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 965.07M and boasts a workforce of 35 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.19, with a change in price of +0.57. Similarly, Cipher Mining Inc recorded 7,551,251 in trading volume during the last 100 days, posting a change of +21.62%.
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 0.04. Similarly, the long-term debt-to-equity ratio is also 0.04.
CIFR Stock Stochastic Average
Today, Cipher Mining Inc’s raw stochastic average for the past 50 days stands at 35.97%, indicating a rise from the raw stochastic average of the last 20 days, which was 25.60%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 37.11% and 42.27% respectively.
CIFR Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -21.19% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 8.14%. Over the past 30 days, the price of CIFR has fallen by 12.24%. And in the last five days, it has surged by 13.41%.
