In today’s recent session, 9.22 million shares of the Iris Energy Ltd (NASDAQ:IREN) have been traded, and its beta is 3.48. Most recently the company’s share price was $12.50, and it changed around $0.19 or 1.54% from the last close, which brings the market valuation of the company to $2.31B. IREN at last check was trading at a discount to its 52-week high of $15.75, offering almost -26.0% off that amount. The share price’s 52-week low was $2.79, which indicates that the recent value has risen by an impressive 77.68% since then. We note from Iris Energy Ltd’s average daily trading volume that its 3-month average coming to 14.37 million.
Iris Energy Ltd (NASDAQ:IREN) trade information
Instantly IREN has been showing a green trend so far today with a performance of 1.54% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently up 74.83% year-to-date, but still down -14.56% over the last five days. On the other hand, Iris Energy Ltd (NASDAQ:IREN) is -7.75% down in the 30-day period.
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The consensus price target as assigned by Wall Street analysts is $13.4, which translates to bulls needing to increase their stock price by 6.72% from its current value. Analyst projections state that IREN is forecast to be at a low of $6 and a high of $23.
Iris Energy Ltd (IREN) estimates and forecasts
Iris Energy Ltd share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 106.95 percent over the past six months and at a 99.68% annual growth rate that is well above the industry average of 8.90%.
IREN Dividends
Iris Energy Ltd’s next quarterly earnings report is expected to be released in August.