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As of close of business last night, IREN Ltd’s stock clocked out at $15.4, down -4.41% from its previous closing price of $16.11. In other words, the price has decreased by -$4.41 from its previous closing price. On the day, 23.72 million shares were traded. IREN stock price reached its highest trading level at $15.865 during the session, while it also had its lowest trading level at $14.72.
Ratios:
To gain a deeper understanding of IREN’s stock, we examine its different 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.
On March 13, 2025, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also lowered its target price recommendation from $15 to $12.
On December 20, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $33.BTIG Research initiated its Buy rating on December 20, 2024, with a $33 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 3725952768 and an Enterprise Value of 3864491264. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.10 while its Price-to-Book (P/B) ratio in mrq is 2.42. Its current Enterprise Value per Revenue stands at 10.228 whereas that against EBITDA is 29.856.
Stock Price History:
The Beta on a monthly basis for IREN is 3.99, which has changed by 0.83770883 over the last 52 weeks, in comparison to a change of 0.20277917 over the same period for the S&P500. Over the past 52 weeks, IREN has reached a high of $21.54, while it has fallen to a 52-week low of $5.12. The 50-Day Moving Average of the stock is 15.57%, while the 200-Day Moving Average is calculated to be 47.38%.
Shares Statistics:
It appears that IREN traded 23.45M shares on average per day over the past three months and 31520590 shares per day over the past ten days. A total of 240.97M shares are outstanding, with a floating share count of 224.78M. Insiders hold about 6.72% of the company’s shares, while institutions hold 56.40% stake in the company. Shares short for IREN as of 1752537600 were 31052156 with a Short Ratio of 1.32, compared to 1749772800 on 28681086. Therefore, it implies a Short% of Shares Outstanding of 31052156 and a Short% of Float of 13.38.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
