A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -27.69% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 48.56%. Over the past 30 days, the price of IREN has leaped by -7.68%. And in the last five days, it has surged by 10.23%.
Iris Energy Ltd ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $9.69 on 12/27/23, while the lowest value for the same period was recorded at $2.79 on 11/13/23.
52-week price history of IREN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Iris Energy Ltd’s current trading price is -46.65% away from its 52-week high, while its distance from the 52-week low is 85.31%. The stock’s price range during this period has varied between$2.79 and $9.69. The Iris Energy Ltd’s shares, which operate in the Financial, saw a trading volume of around 4.3 million for the day, a figure considerably lower than their average daily volume of 10.17 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Iris Energy Ltd (IREN) has experienced a quarterly rise of 41.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 719.34M.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.53, with a change in price of +0.16. Similarly, Iris Energy Ltd recorded 8,728,762 in trading volume during the last 100 days, posting a change of +3.20%.
IREN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its 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 32.08%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 66.03%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 37.30% and 22.40%, respectively.
