Cipher Mining Inc. (NASDAQ:CIFR) went down by -2.62% from its latest closing price compared to the recent 1-year high of $15.39. The company’s stock price has collected -4.29% of loss in the last five trading sessions. Press Release reported on 11/12/21 that Cipher Mining Provides Third Quarter 2021 Business Update
Is It Worth Investing in Cipher Mining Inc. (NASDAQ :CIFR) Right Now?
Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Cipher Mining Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
Today, the average trading volume of CIFR was 1.42M shares.
CIFR’s Market Performance
CIFR stocks went down by -4.29% for the week, with a monthly drop of -10.96% and a quarterly performance of -31.22%. The volatility ratio for the week stands at 7.90% while the volatility levels for the past 30 days are set at 9.30% for Cipher Mining Inc.. The simple moving average for the period of the last 20 days is -8.20% for CIFR stocks with a simple moving average of -22.17% for the last 200 days.
CIFR Trading at -14.63% from the 50-Day Moving Average
After a stumble in the market that brought CIFR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.32% of loss for the given period.
Volatility was left at 9.30%, however, over the last 30 days, the volatility rate increased by 7.90%, as shares sank -1.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.91% lower at present.
During the last 5 trading sessions, CIFR fell by -4.29%, which changed the moving average for the period of 200-days by -24.12% in comparison to the 20-day moving average, which settled at $8.49. In addition, Cipher Mining Inc. saw -21.61% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CIFR
Equity return is now at value -0.70, with -0.70 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 12.16.