The price of Cipher Mining Inc (NASDAQ:CIFR) shares last traded on Wall Street fell -4.30% to $5.79.
CIFR stock price is now 56.81% away from the 50-day moving average and 29.61% away from the 200-day moving average. The market capitalization of the company currently stands at $1.94B.
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, Bitfury Top HoldCo B.V., 10% Owner sold 500,000 shares of the company’s stock on Jul 02 ’25. The stock was sold for $2,640,000 at an average price of $5.28. Upon completion of the transaction, the 10% Owner now directly owns 96,567,437 shares in the company, valued at $559.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 01 ’25, 10% Owner Bitfury Top HoldCo B.V. sold 500,000 shares of the business’s stock. A total of $2,430,000 was realized by selling the stock at an average price of $4.86. This leaves the insider owning 97,067,437 shares of the company worth $562.02 million. A total of 32.81% 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 $3.6923 and a two-hundred day moving average price translates $4.467125 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.
