Market Recap: Cipher Mining Inc (CIFR)’s Negative Momentum, Closing at 2.11

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

The closing price of Cipher Mining Inc (NASDAQ: CIFR) was $2.11 for the day, down -5.38% from the previous closing price of $2.23. In other words, the price has decreased by -$5.38 from its previous closing price. On the day, 10.26 million shares were traded.

Ratios:

Our analysis of CIFR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.03.

On March 07, 2025, Rosenblatt started tracking the stock assigning a Buy rating and target price of $6.50.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 26 ’25 when GROSSMAN CARY M bought 50,000 shares for $4.06 per share.

Bitfury Top HoldCo B.V. sold 3,120 shares of CIFR for $23,556 on Dec 17 ’24. The 10% Owner now owns 97,567,437 shares after completing the transaction at $7.55 per share. On Dec 16 ’24, another insider, Bitfury Top HoldCo B.V., who serves as the 10% Owner of the company, sold 300,000 shares for $7.23 each. As a result, the insider received 2,169,000 and left with 97,820,557 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 5.04 while its Price-to-Book (P/B) ratio in mrq is 1.09.

Stock Price History:

Over the past 52 weeks, CIFR has reached a high of $7.99, while it has fallen to a 52-week low of $1.86. The 50-Day Moving Average of the stock is -47.97%, while the 200-Day Moving Average is calculated to be -55.37%.

Shares Statistics:

A total of 350.78M shares are outstanding, with a floating share count of 253.22M. Insiders hold about 29.96% of the company’s shares, while institutions hold 35.90% stake in the company.

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