During the last session, Iris Energy Ltd (NASDAQ:IREN)’s traded shares were 8.22 million, with the beta value of the company hitting 2.98. At the end of the trading day, the stock’s price was $5.25, reflecting an intraday loss of -5.91% or -$0.33. The 52-week high for the IREN share is $9.69, that puts it down -84.57 from that peak though still a striking 46.86% gain since the share price plummeted to a 52-week low of $2.79. The company’s market capitalization is $730.48M, and the average trade volume was 10.24 million shares over the past three months.
Iris Energy Ltd (NASDAQ:IREN) trade information
Iris Energy Ltd (IREN) registered a -5.91% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -5.91% in intraday trading to $5.25, hitting a weekly high. The stock’s 5-day price performance is 16.67%, and it has moved by -5.91% in 30 days. Based on these gigs, the overall price performance for the year is 28.36%.
Iris Energy Ltd (IREN) estimates and forecasts
Statistics show that Iris Energy Ltd has outperformed its competitors in share price, compared to the industry in which it operates. Iris Energy Ltd (IREN) shares have gone up 64.06% during the last six months, with a year-to-date growth rate more than the industry average at 102.55% against 8.30. In the rating firms’ projections, revenue will increase 27.90% compared to the previous financial year.
As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 15.18M and 13.47M respectively.
While earnings are projected to return 96.48% in 2024.
IREN Dividends
Iris Energy Ltd is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
