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 $1.76 on 05/09/23.
52-week price history of CIFR Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Cipher Mining Inc’s current trading price is -17.50% away from its 52-week high, while its distance from the 52-week low is 162.50%. The stock’s price range during this period has spanned from $1.76 to $5.60. In the Financial sector, the Cipher Mining Inc’s shares surpassed a trading volume of approximately 8.11 million for the day, which was noticeably lower compared to the average daily volume of 9.10.36 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Cipher Mining Inc (CIFR) has experienced a quarterly rise of 20.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.37B and boasts a workforce of 35 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.28, with a change in price of +1.30. Similarly, Cipher Mining Inc recorded 8,345,365 in trading volume during the last 100 days, posting a change of +39.16%.
Examining CIFR’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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 85.29%, indicating a rise from the raw stochastic average of the last 20 days, which was 80.98%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 87.65% and 89.43% respectively.
CIFR Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. Year to date metric has recorded a gain of 11.86%.However, over the last six months, we can see a weaker performance of 73.68%. Over the last 30 days, the price of CIFR has fallen by 42.37%. And in the last five days, it has surged by 30.88%.
