In terms of market performance, Iris Energy Ltd had a fairly even. The highest value for the stock in the past year was $9.69 on 12/27/23, and the lowest value was recorded at $2.61 on 03/28/23.
52-week price history of IREN Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Iris Energy Ltd’s current trading price is -52.79% away from its 52-week high, while its distance from the 52-week low is 75.29%. The stock’s price range during the 52-week period has remained between $2.61 and $9.69. In the Financial sector, the company’s shares saw a trading volume of around 2.97 million for the day, which was evidently lower than the average daily volume of 8.41 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Iris Energy Ltd (IREN) has experienced a quarterly decline of -22.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 296.23M.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.07, with a change in price of +1.39. Similarly, Iris Energy Ltd recorded 6,320,528 in trading volume during the last 100 days, posting a change of +43.59%.
Examining IREN’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for IREN stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
IREN Stock Stochastic Average
Iris Energy Ltd’s raw stochastic average for the past 50 days is presently 20.16%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 7.91%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 5.93% and 4.10%, respectively.
IREN Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded a decrease of -36.01%. However, over the last six months, the performance has been weaker by 1.89%. The price of IREN decreased -40.89% over the last 30 days. And in the last five days, it has fallen by -9.94%.
