Cipher Mining Inc (NASDAQ:CIFR) shares, rose in value on Thursday, July 10, with the stock price down by -0.32% to the previous day’s close as strong demand from buyers drove the stock to $6.24.
Actively observing the price movement in the last trading, the stock closed the session at $6.26, falling within a range of $6.03 and $6.51. The value of beta (5-year monthly) was 2.592. Referring to stock’s 52-week performance, its high was $7.99, and the low was $1.86. On the whole, CIFR has fluctuated by 50.72% over the past month.
With the market capitalization of Cipher Mining Inc currently standing at about $2.09 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-06.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 279.15M, with a low estimate of 42.4M and a high estimate of 66.51M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 52.7M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CIFR’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of CIFR currently trading nearly 35.27% and 60.82% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 76.94, while the 7-day volatility ratio is showing 8.98% which for the 30-day chart, stands at 8.93%. Furthermore, Cipher Mining Inc (CIFR)’s beta value is 2.73.
A comparison of Cipher Mining Inc (CIFR) with its peers suggests the former has fared considerably weaker in the market. CIFR showed an intraday change of -0.32% in last session, and over the past year, it grew by 34.48%%.
Data on historical trading for Cipher Mining Inc (NASDAQ:CIFR) indicates that the trading volumes over the past 10 days have averaged 61.33 and over the past 3 months, they’ve averaged 25.99 million. According to company’s latest data on outstanding shares, there are 370.86 million shares outstanding.
Nearly 32.81% of Cipher Mining Inc’s shares belong to company insiders and institutional investors own 41.33% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 44.75 million shares as on 2025-06-13, resulting in a short ratio of 1.92. According to the data, the short interest in Cipher Mining Inc (CIFR) stood at 1710.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 33.73 million. The stock has risen by 35.06% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CIFR stock heading into the next quarter.