In the past week, IRNT stock has gone down by -15.78%, with a monthly decline of -16.61% and a quarterly plunge of -46.52%. The volatility ratio for the week is 21.12%, and the volatility levels for the last 30 days are 13.07% for IronNet Inc. The simple moving average for the past 20 days is -17.49% for IRNT’s stock, with a -66.66% simple moving average for the past 200 days.
Is It Worth Investing in IronNet Inc. (NYSE: IRNT) Right Now?
Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 1 as “sell.”
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
The average price predicted for IronNet Inc. (IRNT) by analysts is $0.15, which is $0.77 above the current market price. The public float for IRNT is 79.13M, and at present, short sellers hold a 9.62% of that float. On May 25, 2023, the average trading volume of IRNT was 640.06K shares.
IRNT) stock’s latest price update
The stock of IronNet Inc. (NYSE: IRNT) has increased by 6.56 when compared to last closing price of 0.21. Despite this, the company has experienced a -15.78% fall in its stock price over the last five trading sessions. Barron’s reported on 12/16/21 that IronNet Stock Is ‘in the Penalty Box’ as Revenue Falls Short
IRNT Trading at -24.23% from the 50-Day Moving Average
After a stumble in the market that brought IRNT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -93.23% of loss for the given period.
Volatility was left at 13.07%, however, over the last 30 days, the volatility rate increased by 21.12%, as shares sank -13.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.91% lower at present.
During the last 5 trading sessions, IRNT fell by -15.78%, which changed the moving average for the period of 200-days by -91.13% in comparison to the 20-day moving average, which settled at $0.2757. In addition, IronNet Inc. saw -0.48% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IRNT starting from Closser Donald, who sale 9,741 shares at the price of $0.68 back on Nov 03. After this action, Closser Donald now owns 920,431 shares of IronNet Inc., valued at $6,624 using the latest closing price.
Closser Donald, the Chief Product Officer of IronNet Inc., sale 9,220 shares at $0.62 during a trade that took place back on Oct 06, which means that Closser Donald is holding 930,172 shares at $5,716 based on the most recent closing price.
Stock Fundamentals for IRNT
Current profitability levels for the company are sitting at:
- -395.18 for the present operating margin
- +48.66 for the gross margin
The net margin for IronNet Inc. stands at -407.27.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.32.
Conclusion
To sum up, IronNet Inc. (IRNT) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “sell” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
