Iris Energy Ltd (IREN) Gain 19.79%, Marking Win By Bears

Iris Energy Ltd (NASDAQ:IREN) has a beta value of 3.41 and has seen 27.88 million shares traded in the last trading session. The company, currently valued at $1.79B, closed the last trade at $12.35 per share which meant it gained $2.04 on the day or 19.79% during that session. The IREN stock price is 6.96% off its 52-week high price of $11.49 and 77.41% above the 52-week low of $2.79. The 3-month trading volume is 11.05 million shares.

Iris Energy Ltd (NASDAQ:IREN) trade information

Sporting 19.79% in the green in last session, the stock has traded in the green over the last five days, when the IREN stock price touched $12.35 or saw a rise of 0.96%. Year-to-date, Iris Energy Ltd shares have moved 72.73%, while the 5-day performance has seen it change 38.92%. Over the past 30 days, the shares of Iris Energy Ltd (NASDAQ:IREN) have changed 157.83%.

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Iris Energy Ltd (IREN) estimates and forecasts

Figures show that Iris Energy Ltd shares have outperformed across the wider relevant industry. The company’s shares have gained 112.20% over the past 6 months, with this year growth rate of 100.96%, compared to 9.00% for the industry.

IREN Dividends

Iris Energy Ltd is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.