Currently, there are 370.86M common shares owned by the public and among those 260.00M shares have been available to trade.
The company’s stock has a 5-day price change of -5.70% and -50.08% over the past three months. CIFR shares are trading -35.78% year to date (YTD), with the 12-month market performance down to -21.37% lower. It has a 12-month low price of $1.86 and touched a high of $7.99 over the same period. CIFR has an average intraday trading volume of 13.70 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.86%, 2.80%, and -33.44% respectively.
Institutional ownership of Cipher Mining Inc (NASDAQ: CIFR) shares accounts for 35.40% of the company’s 370.86M shares outstanding.
It has a market capitalization of $1.11B and a beta (3y monthly) value of 2.62. The earnings-per-share (ttm) stands at -$0.37. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.51% over the week and 8.19% over the month.
Earnings per share for the fiscal year are expected to decrease by -91.39%, and 62.34% over the next financial year. EPS should grow at an annualized rate of 51.93% over the next five years, compared to -129.25% over the past 5-year period.
Rosenblatt coverage for the Cipher Mining Inc (CIFR) stock in a research note released on March 07, 2025 offered a Buy rating with a price target of $6.50. Keefe Bruyette was of a view on January 08, 2025 that the stock is Outperform, while JP Morgan gave the stock Overweight rating on December 10, 2024, issuing a price target of $8. Northland Capital on their part issued Outperform rating on September 25, 2024.
