The price of Cipher Mining Inc (NASDAQ:CIFR) shares last traded on Wall Street rose 2.73% to $6.03.
CIFR stock price is now 50.77% away from the 50-day moving average and 32.65% away from the 200-day moving average. The market capitalization of the company currently stands at $2.02B.
On March 07, 2025, Rosenblatt recently initiated its ‘Buy’ rating on the stock quoting a target price of $6.50, while ‘Keefe Bruyette’ rates the stock as ‘Outperform’
In other news, V3 Holding Ltd, 10% Owner bought 667,010 shares of the company’s stock on Jul 14 ’25. The stock was bought for $4,072,312 at an average price of $6.11. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 10 ’25, 10% Owner Bitfury Top HoldCo B.V. sold 600,000 shares of the business’s stock. A total of $3,762,000 was realized by selling the stock at an average price of $6.27. This leaves the insider owning 94,767,437 shares of the company worth $571.45 million. A total of 32.48% of the company’s stock is owned by insiders.
During the past 12 months, Cipher Mining Inc has had a low of $1.86 and a high of $7.99. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 1.11, and a quick ratio of 1.11. The fifty day moving average price for CIFR is $3.9995 and a two-hundred day moving average price translates $4.545775 for the stock.
The latest earnings results from Cipher Mining Inc (NASDAQ: CIFR) was released for 2025-03-31. The net profit margin was -81.21% and return on equity was -18.49% for CIFR. The company reported revenue of $48.96 million for the quarter, compared to $48.14 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.71 percent.
