After Falling -18.76% During The Past Week, Should You Still Buy Cipher Mining Inc (NASDAQ: CIFR)?

Cipher Mining Inc (NASDAQ:CIFR)’s traded shares stood at 5.59 million during the last session, with the company’s beta value hitting 2.36. At the close of trading, the stock’s price was $3.42, to imply an increase of 1.79% or $0.06 in intraday trading. The CIFR share’s 52-week high remains $5.75, putting it -68.13% down since that peak but still an impressive 48.54% since price per share fell to its 52-week low of $1.76. The company has a valuation of $1.01B, with an average of 8.92 million shares over the past 3 months.

Cipher Mining Inc (NASDAQ:CIFR) trade information

After registering a 1.79% upside in the last session, Cipher Mining Inc (CIFR) has traded red over the past five days. The stock hit a weekly high of 4.21, jumping 1.79% in its intraday price action. The 5-day price performance for the stock is -18.76%, and -13.42% over 30 days. With these gigs, the year-to-date price performance is -17.19%.

Cipher Mining Inc (CIFR) estimates and forecasts

Looking at statistics comparing Cipher Mining Inc share performance against respective industry, we note that the company has underperformed competitors. Cipher Mining Inc (CIFR) shares are 28.57% up over the last 6 months, with its year-to-date growth rate lower than industry average at -50.00% against 18.50%.

CIFR Dividends

Cipher Mining Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Cipher Mining Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.