Mirion Technologies Inc. (NYSE: MIR) is 7.51% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MIR stock was last observed hovering at around $10.67 in the last trading session, with the day’s gains setting it 0.35%.
Currently trading at $11.02, the stock is 8.46% and 5.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.9 million and changing 3.28% at the moment leaves the stock 6.33% off its SMA200. MIR registered 45.77% gain for a year compared to 6-month loss of -3.25%. The firm has a 50-day simple moving average (SMA 50) of $10.3972 and a 200-day simple moving average (SMA200) of $10.3717.
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The stock witnessed a 0.18% gain in the last 1 month and extending the period to 3 months gives it a 2.89%, and is 9.98% 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 4.98% over the week and 3.81% over the month.
Mirion Technologies Inc. (MIR) has around 3000 employees, a market worth around $2.56B and $821.30M in sales. Fwd P/E is 22.54. Profit margin for the company is -7.89%. Distance from 52-week low is 64.48% and -6.45% 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
224.0 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 1.83%. 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 Sep 24 ’24 at a price of $10.60 per share for a total of $52984.0. Following the sale, the insider now owns 0.0 shares.
Mirion Technologies Inc. disclosed in a document filed with the SEC on Sep 24 ’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 Sep 24 ’24 and was made at $10.47 per share for $78549.0. Following the transaction, the insider now directly holds 0.0 shares of the MIR stock.
Still, SEC filings show that on Sep 25 ’24, THE LEE REVOCABLE LT U/T/D 7/9 (Officer) Proposed Sale 20,000 shares at an average price of $10.51 for $0.21 million. The insider now directly holds shares of Mirion Technologies Inc. (MIR).
