In the last trading session, 21.11 million Iris Energy Ltd (NASDAQ:IREN) shares changed hands as the company’s beta touched 3.53. With the company’s per share price at $14.45 changed hands at $1.23 or 9.30% during last session, the market valuation stood at $2.09B. IREN’s last price was a discount, traded about -3.46% off its 52-week high of $14.95. The share price had its 52-week low at $2.79, which suggests the last value was 80.69% up since then. When we look at Iris Energy Ltd’s average trading volume, we note the 3-month average coming to 12.43 million.
Iris Energy Ltd (NASDAQ:IREN) trade information
Instantly IREN was in green as seen at the end of in last trading. With action 40.16%, the performance over the past five days has been green. The jump to weekly highs of 14.95 added 9.30% to the stock’s daily price. The company’s shares are showing year-to-date upside of 102.10%, with the 5-day performance at 40.16% in the green. However, in the 30-day time frame, Iris Energy Ltd (NASDAQ:IREN) is 147.86% up.
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Iris Energy Ltd (IREN) estimates and forecasts
Data shows that the Iris Energy Ltd share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 146.17% over the past 6 months, a 100.96% in annual growth rate that is considerably higher than the industry average of 10.60%. Year-over-year growth is forecast to reach 154.60% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 57.97M. 4 analysts are of the opinion that Iris Energy Ltd’s revenue for the current quarter will be 85.61M.
The 2024 estimates are for Iris Energy Ltd earnings to increase by 100.93%.
IREN Dividends
Iris Energy Ltd is expected to release its next quarterly earnings report in July.
