In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, IREN Ltd (NASDAQ: IREN) closed at $10.49 up 1.45% from its previous closing price of $10.34. In other words, the price has increased by $1.45 from its previous closing price. On the day, 12.56 million shares were traded.
Ratios:
For a deeper understanding of IREN Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.46. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on March 13, 2025, Upgraded its rating to Overweight and sets its target price to $12 from $15 previously.
JP Morgan Downgraded its Overweight to Neutral on December 10, 2024, whereas the target price for the stock was revised from $9.50 to $15.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 17 ’24 when Christopher Guzowski bought 28,970 shares for $7.73 per share.
Stock Price History:
Over the past 52 weeks, IREN has reached a high of $15.92, while it has fallen to a 52-week low of $5.12. The 50-Day Moving Average of the stock is 44.42%, while the 200-Day Moving Average is calculated to be 14.34%.
Shares Statistics:
A total of 240.97M shares are outstanding, with a floating share count of 227.74M. Insiders hold about 5.49% of the company’s shares, while institutions hold 51.85% stake in the company.
