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The closing price of IREN Ltd (NASDAQ: IREN) was $7.15 for the day, down -0.83% from the previous closing price of $7.21. In other words, the price has decreased by -$0.83 from its previous closing price. On the day, 8.26 million shares were traded. IREN stock price reached its highest trading level at $7.19 during the session, while it also had its lowest trading level at $6.9.
Ratios:
Our analysis of IREN’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1565399552 and an Enterprise Value of 1429731584. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.57 while its Price-to-Book (P/B) ratio in mrq is 1.19. Its current Enterprise Value per Revenue stands at 5.003 whereas that against EBITDA is 16.889.
Stock Price History:
The Beta on a monthly basis for IREN is 3.62, which has changed by 0.28136206 over the last 52 weeks, in comparison to a change of 0.086116076 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 -28.35%, while the 200-Day Moving Average is calculated to be -29.65%.
Shares Statistics:
IREN traded an average of 15.16M shares per day over the past three months and 11370070 shares per day over the past ten days. A total of 213.50M shares are outstanding, with a floating share count of 202.16M. Insiders hold about 7.28% of the company’s shares, while institutions hold 43.86% stake in the company. Shares short for IREN as of 1740700800 were 22249099 with a Short Ratio of 1.47, compared to 1738281600 on 20586418. Therefore, it implies a Short% of Shares Outstanding of 22249099 and a Short% of Float of 10.6400006.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
