For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, IREN Ltd (NASDAQ: IREN) closed at $6.07 down -6.04% from its previous closing price of $6.46. In other words, the price has decreased by -$6.04 from its previous closing price. On the day, 13.64 million shares were traded. IREN stock price reached its highest trading level at $6.395 during the session, while it also had its lowest trading level at $5.965.
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 0.94 and its Current Ratio is at 0.94. 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.
On December 20, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $33.
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.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IREN now has a Market Capitalization of 1328947584 and an Enterprise Value of 1193280000. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.73 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 4.176 whereas that against EBITDA is 14.095.
Stock Price History:
The Beta on a monthly basis for IREN is 3.68, which has changed by -0.061823785 over the last 52 weeks, in comparison to a change of 0.06429911 over the same period for the S&P500. Over the past 52 weeks, IREN has reached a high of $15.92, while it has fallen to a 52-week low of $4.15. The 50-Day Moving Average of the stock is -36.61%, while the 200-Day Moving Average is calculated to be -39.84%.
Shares Statistics:
For the past three months, IREN has traded an average of 15.28M shares per day and 11793770 over the past ten days. A total of 213.50M shares are outstanding, with a floating share count of 206.07M. Insiders hold about 5.49% of the company’s shares, while institutions hold 43.86% stake in the company. Shares short for IREN as of 1741910400 were 20316135 with a Short Ratio of 1.33, compared to 1739491200 on 21018087. Therefore, it implies a Short% of Shares Outstanding of 20316135 and a Short% of Float of 9.7200006.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
