In last trading session, Cipher Mining Inc (NASDAQ:CIFR) saw 25.77 million shares changing hands with its beta currently measuring 2.62. Company’s recent per share price level of $3.85 trading at $0.0 or 0.00% at ring of the bell on the day assigns it a market valuation of $1.29B. That closing price of CIFR’s stock is at a discount of -107.53% from its 52-week high price of $7.99 and is indicating a premium of 51.69% from its 52-week low price of $1.86.
For Cipher Mining Inc (CIFR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.17. Splitting up the data highlights that, out of 8 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Cipher Mining Inc (NASDAQ:CIFR) trade information
Cipher Mining Inc’s shares saw a change of -15.57% in year-to-date performance and have moved 4.62% in past 5-day. Cipher Mining Inc (NASDAQ:CIFR) showed a performance of 10.95% in past 30-days.
Wall Street analysts have assigned a consensus price target of 7.5 to the stock, which implies a rise of 48.67% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 9. It follows that stock’s current price would drop -55.84% in reaching the projected high whereas dropping to the targeted low would mean a loss of -55.84% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -129.25% during past 5 years.
Cipher Mining Inc (NASDAQ:CIFR)’s Major holders
VANGUARD GROUP INC is the top institutional holder at CIFR for having 13.0 million shares of worth $53.94 million. And as of 2024-06-30, it was holding 4.1347 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 12.31 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.915 of outstanding shares, having a total worth of $51.07 million.
