Analysts who follow IRIDEX Corporation (IRIX) on average expect it to climb 98.57% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns IRIX an Analyst Ranking of 73, which means it ranks higher than 73 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating IRIX a Strong Buy today. Find out what this means to you and get the rest of the rankings on IRIX!
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With IRIDEX Corporation Stock Today?
IRIDEX Corporation (IRIX) stock is trading at $4.91 as of 10:49 AM on Monday, Mar 28, an increase of $0.49, or 11.07% from the previous closing price of $4.42. The stock has traded between $4.42 and $5.39 so far today. Volume today is 35,875 compared to average volume of 37,837.
Click Here to get the full Stock Report for IRIDEX Corporation stock.
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