In last trading session, IREN Ltd (NASDAQ:IREN) saw 33.85 million shares changing hands with its beta currently measuring 3.83. Company’s recent per share price level of $13.11 trading at $1.24 or 10.45% at ring of the bell on the day assigns it a market valuation of $3.16B. That closing price of IREN’s stock is at a discount of -21.43% from its 52-week high price of $15.92 and is indicating a premium of 60.95% from its 52-week low price of $5.12. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 22.2 million shares which gives us an average trading volume of 16.24 million if we extend that period to 3-months.
For IREN Ltd (IREN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.27. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
IREN Ltd (NASDAQ:IREN) trade information
Upright in the green during last session for gaining 10.45%, in the last five days IREN remained trading in the green while hitting it’s week-highest on Thursday, 06/26/25 when the stock touched $13.11 price level, adding 1.43% to its value on the day. IREN Ltd’s shares saw a change of 3.80% in year-to-date performance and have moved 33.78% in past 5-day. IREN Ltd (NASDAQ:IREN) showed a performance of 41.88% in past 30-days. Number of shares sold short was 28.68 million shares which calculate 1.66 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 20 to the stock, which implies a rise of 34.45% to its current value. Analysts have been projecting 20 as a low price target for the stock while placing it at a high target of 20. It follows that stock’s current price would drop -52.56% in reaching the projected high whereas dropping to the targeted low would mean a loss of -52.56% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -65.75% during past 5 years.
IREN Ltd (NASDAQ:IREN)’s Major holders
Insiders are in possession of 6.14% of company’s total shares while institution are holding 59.39 percent of that, with stock having share float percentage of 63.28%. Investors also watch the number of corporate investors in a company very closely, which is 59.39% institutions for IREN Ltd that are currently holding shares of the company. CASTLE HOOK PARTNERS LP is the top institutional holder at IREN for having 6.87 million shares of worth $77.55 million. And as of 2024-06-30, it was holding 6.8935 of the company’s outstanding shares.
The second largest institutional holder is MOORE CAPITAL MANAGEMENT, LP, which was holding about 5.46 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.4839 of outstanding shares, having a total worth of $61.69 million.
