IREN Ltd (NASDAQ:IREN) shares, rose in value on Thursday, July 10, with the stock price up by 0.41% to the previous day’s close as strong demand from buyers drove the stock to $17.03.
Actively observing the price movement in the last trading, the stock closed the session at $16.96, falling within a range of $16.585 and $17.6652. The value of beta (5-year monthly) was 3.763. Referring to stock’s 52-week performance, its high was $18.54, and the low was $5.12. On the whole, IREN has fluctuated by 64.70% over the past month.
With the market capitalization of IREN Ltd currently standing at about $4.10 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-14.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IREN’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of IREN currently trading nearly 29.99% and 68.16% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 87.45, while the 7-day volatility ratio is showing 11.14% which for the 30-day chart, stands at 8.58%. Furthermore, IREN Ltd (IREN)’s beta value is 3.99.
A comparison of IREN Ltd (IREN) with its peers suggests the former has fared considerably weaker in the market. IREN showed an intraday change of 0.41% in last session, and over the past year, it grew by 73.42%%.
Data on historical trading for IREN Ltd (NASDAQ:IREN) indicates that the trading volumes over the past 10 days have averaged 35.11 and over the past 3 months, they’ve averaged 19.41 million. According to company’s latest data on outstanding shares, there are 240.97 million shares outstanding.
Nearly 6.72% of IREN Ltd’s shares belong to company insiders and institutional investors own 51.85% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 28.68 million shares as on 2025-06-13, resulting in a short ratio of 1.66. According to the data, the short interest in IREN Ltd (IREN) stood at 1236.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 30.2 million. The stock has risen by 16.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IREN stock heading into the next quarter.
