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Should You Accumulate Iris Energy Ltd (IREN) Stock Monday Morning?

Monday, March 25, 2024 08:14 AM | InvestorsObserver Analysts

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Should You Accumulate Iris Energy Ltd (IREN) Stock Monday Morning?

Iris Energy Ltd (IREN) is up Monday morning, with the stock increasing 2.18% in pre-market trading to 5.16. IREN's short-term technical score of 44 indicates that the stock has traded less bullishly over the last month than 56% of stocks on the market. In the Capital Markets industry, which ranks 46 out of 146 industries, the stock ranks higher than 45% of stocks. Iris Energy Ltd has fallen 18.28% over the past month, closing at $6.91 on February 26. During this period of time, the stock fell as low as $4.49 and as high as $7.33. IREN has an average analyst recommendation of Strong Buy. The company has an average price target of $10.14.

Overall Score - 56
IREN has an Overall Score of 56. Find out what this means to you and get the rest of the rankings on IREN!
Iris Energy Ltd has a Long-Term Technical rank of 34. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 66% of the market scoring higher. In the Capital Markets industry which is number 51 by this metric, IREN ranks better than 51% of stocks.

Important Dates for Investors in IREN:

-Iris Energy Ltd is set to release earnings on 2024-05-16 -We do not have a set dividend date for Iris Energy Ltd at this time. Click Here To Get The Full Report on Iris Energy Ltd (IREN)

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