Mirion Technologies Inc. (NYSE: MIR) is -4.20% lower on its value in year-to-date trading and has touched a low of $6.70 and a high of $11.78 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MIR stock was last observed hovering at around $9.80 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $9.82, the stock is -4.74% and -6.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing 0.20% at the moment leaves the stock -4.88% off its SMA200. MIR registered 27.70% gain for a year compared to 6-month loss of -8.40%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -8.14% gain in the last 1 month and extending the period to 3 months gives it a -7.71%, and is 3.92% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.82% over the week and 3.04% over the month.
Mirion Technologies Inc. (MIR) has around 3000 employees, a market worth around $2.28B and $821.30M in sales. Fwd P/E is 20.09. Profit margin for the company is -7.89%. Distance from 52-week low is 46.57% and -16.64% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.92%).
The EPS is expected to grow by 15.73% this year
225.0 institutions hold shares in Mirion Technologies Inc. (MIR), with institutional investors hold 92.72% of the company’s shares. The shares outstanding are 218.18M, and float is at 215.13M with Short Float at 2.09%. Institutions hold 92.11% of the Float.
The top institutional shareholder in the company is GOLDMAN SACHS GROUP INC with over 37.98 million shares valued at $407.88 million. The investor’s holdings represent 19.0147 of the MIR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 21.89 million shares valued at $235.05 million to account for 10.9576 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 19.98 million shares representing 10.0044 and valued at over $214.6 million, while BLACKROCK INC. holds 7.9119 of the shares totaling 15.8 million with a market value of $169.72 million.
Mirion Technologies Inc. (MIR) Insider Activity
The most recent transaction is an insider sale by Lee Emmanuelle, the company’s Chief Legal Officer. SEC filings show that Lee Emmanuelle sold 5,000 shares of the company’s common stock on Aug 28 ’24 at a price of $11.01 per share for a total of $55050.0. Following the sale, the insider now owns 0.0 shares.
Mirion Technologies Inc. disclosed in a document filed with the SEC on Aug 23 ’24 that Logan Thomas D (Chief Executive Officer) sold a total of 7,500 shares of the company’s common stock. The trade occurred on Aug 23 ’24 and was made at $11.00 per share for $82490.0. Following the transaction, the insider now directly holds 0.0 shares of the MIR stock.
Still, SEC filings show that on Aug 23 ’24, Logan Thomas D (Officer) Proposed Sale 7,500 shares at an average price of $10.89 for $81675.0. The insider now directly holds shares of Mirion Technologies Inc. (MIR).
