Cipher Mining Inc. (NASDAQ:CIFRW – Get Free Report)’s share price dropped 0.6% during mid-day trading on Thursday . The company traded as low as $1.60 and last traded at $1.68. Approximately 19,389 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 110,604 shares. The stock had previously closed at $1.69.
Cipher Mining Price Performance
The business’s fifty day simple moving average is $1.92 and its 200 day simple moving average is $1.49.
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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