IronNet Inc. (NYSE:IRNT) price closed lower on Monday, September 13, dropping -10.11% below its previous close.
A look at the daily price movement shows that the last close reads $21.57, with intraday deals fluctuated between $19.10 and $23.23. Taking into account the 52-week price action we note that the stock hit a 52-week high of $29.96 and 52-week low of $9.36. The stock added 93.71% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give IRNT a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that IRNT’s price is at present 47.29% off the SMA20 and 72.26% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 68.92, with weekly volatility standing at 29.40%. The indicator jumps to 17.53% when calculated based on the past 30 days. IronNet Inc. (NYSE:IRNT)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 2.78.
An analysis of the IronNet Inc. (NYSE:IRNT) stock in terms of its daily trading volume indicates that the 3-month average is 1.29 million.
Current records show that the company has 21.56M in outstanding shares. The insiders’ percentage holdings are 27.10% of outstanding shares while the percentage share held by institutions stands at 16.70%. But the 91.60% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.