Iris Energy Ltd (NASDAQ: IREN)’s -8.16-Percent Loss Of This Past Week Taught Us Something New

Iris Energy Ltd (NASDAQ:IREN)’s traded shares stood at 5.43 million during the last session, with the company’s beta value hitting 3.06. At the close of trading, the stock’s price was $4.50, to imply an increase of 3.45% or $0.15 in intraday trading. The IREN share’s 52-week high remains $9.69, putting it -115.33% down since that peak but still an impressive 38.0% since price per share fell to its 52-week low of $2.79. The company has a valuation of $626.13M, with an average of 9.87 million shares over the past 3 months.

Iris Energy Ltd (NASDAQ:IREN) trade information

After registering a 3.45% upside in the last session, Iris Energy Ltd (IREN) has traded red over the past five days. The stock hit a weekly high of 5.00, jumping 3.45% in its intraday price action. The 5-day price performance for the stock is -8.16%, and -2.39% over 30 days. With these gigs, the year-to-date price performance is -37.06%.

Iris Energy Ltd (IREN) estimates and forecasts

Looking at statistics comparing Iris Energy Ltd share performance against respective industry, we note that the company has outperformed competitors. Iris Energy Ltd (IREN) shares are 35.95% up over the last 6 months, with its year-to-date growth rate higher than industry average at 102.55% against 9.20%.

IREN Dividends

Iris Energy Ltd has its next earnings report out on February 15. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Iris Energy Ltd has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.