The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. IREN Ltd’s current trading price is -55.48% away from its 52-week high, while its distance from the 52-week low is 70.77%. The stock’s price range for this period has been between $4.15 and $15.92 The company’s shares, which are part of the Financial sector, had a trading volume of approximately 5.98 million for the day, a number notably lower than the average daily volume of 15.71 million over the last three months.
IREN Ltd’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $15.92 on 12/06/24 and a low of $4.15 for the same time frame on 05/01/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
IREN Ltd (IREN) has experienced a quarterly decline of -50.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.55B 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 10.92, with a change in price of -0.87. Similarly, IREN Ltd recorded 17,282,152 in trading volume during the last 100 days, posting a change of -11.24%.
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
IREN Ltd’s raw stochastic average for the past 50 days is presently 1.46%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 1.46%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 8.11% and 11.39%, respectively.
IREN Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -27.83%. However, over the past six months, we’ve seen a weaker performance of 4.68%. The price of IREN leaped by -38.85% over the last 30 days. And in the last five days, it has fallen by -6.38%.
