The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Iris Energy Ltd’s current trading price is -39.75% away from its 52-week high, while its distance from the 52-week low is 240.16%. The stock’s price range for this period has been between $2.79 and $15.75 The company’s shares, which are part of the Financial sector, had a trading volume of approximately 18.32 million for the day, a number notably higher than the average daily volume of 13.93 million over the last three months.
Iris Energy Ltd experienced a rather steady stock market performance. The highest value in the past year was recorded at $15.75 on 07/08/24 and the lowest value was $2.79 on 11/13/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Iris Energy Ltd (IREN) has experienced a quarterly decline of -18.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.78B and boasts a workforce of 144 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.54, with a change in price of +1.60. Similarly, Iris Energy Ltd recorded 16,164,819 in trading volume during the last 100 days, posting a change of +20.28%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to 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
As of today, Iris Energy Ltd’s raw stochastic average for the last 50 days stands at 94.65%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 92.65%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 89.16% and 81.92%, respectively.
IREN Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a gain of 32.73%.However, over the last six months, we can see a weaker performance of 91.72%. Over the last 30 days, the price of IREN has fallen by 21.82%. And in the last five days, it has surged by 22.61%.
