Cipher Mining Inc. (NASDAQ:CIFRW – Get Free Report)’s stock price rose 8.1% during trading on Thursday . The stock traded as high as $6.70 and last traded at $5.05. Approximately 600,333 shares traded hands during mid-day trading, an increase of 208% from the average daily volume of 194,876 shares. The stock had previously closed at $4.67.
Cipher Mining Stock Performance
The stock has a 50 day simple moving average of $7.45 and a 200 day simple moving average of $3.27.
Cipher Mining (NASDAQ:CIFRW – Get Free Report) last announced its earnings results on Monday, November 14th. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of ($0.14) million during the quarter.
Cipher Mining Company Profile
Cipher Mining Inc, together with its subsidiaries, engages in the development and operation of industrial scale bitcoin mining data centers in the United States. The company was incorporated in 2020 and is based in New York, New York. Cipher Mining Inc operates as a subsidiary of Bitfury Holding B.V.
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