Shares of Cipher Mining Inc. (NASDAQ:CIFRW – Get Free Report) were down 5.3% during mid-day trading on Friday . The company traded as low as $0.25 and last traded at $0.28. Approximately 14,156 shares traded hands during trading, a decline of 82% from the average daily volume of 77,394 shares. The stock had previously closed at $0.30.
Cipher Mining Price Performance
The company has a 50-day moving average price of $0.67 and a 200-day moving average price of $1.32.
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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