Mirion Technologies Inc (NYSE: MIR) is -9.05% lower on its value in year-to-date trading and has touched a low of $9.11 and a high of $18.81 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 $15.89 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $15.87, the stock is -8.95% and -4.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.14 million and changing -0.13% at the moment leaves the stock 28.23% off its SMA200. MIR registered 58.86% gain for a year compared to 6-month gain of 44.27%. The firm has a 50-day simple moving average (SMA 50) of $16.6044 and a 200-day simple moving average (SMA200) of $12.35225.
The stock witnessed a -10.94% loss in the last 1 month and extending the period to 3 months gives it a 23.41%, and is -7.89% down 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 4.15% over the week and 3.53% over the month.
Mirion Technologies Inc (MIR) has around 3000 employees, a market worth around $3.69B and $836.90M in sales. Fwd P/E is 32.30. Profit margin for the company is -7.92%. Distance from 52-week low is 74.20% and -15.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.97%).
with sales reaching $245.02M over the same period.The EPS is expected to grow by 14.86% this year, but quarterly earnings will post 6.32% year-over-year. Quarterly sales are estimated to grow 6.35% in year-over-year returns.
Mirion Technologies Inc (MIR) Top Institutional Holders
259.0 institutions hold shares in Mirion Technologies Inc (MIR), with institutional investors hold 99.21% of the company’s shares. The shares outstanding are 225.47M, and float is at 215.18M with Short Float at 2.23%. Institutions hold 96.87% 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
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Mirion Technologies Inc disclosed in a document filed with the SEC on Dec 13 ’24 that Eloy Loic (Technologies Group President) sold a total of 44,000 shares of the company’s common stock. The trade occurred on Dec 13 ’24 and was made at $17.89 per share for $0.79 million. Following the transaction, the insider now directly holds 0.13 million shares of the MIR stock.
Still, SEC filings show that on Nov 25 ’24, Logan Thomas D (Officer) Proposed Sale 7,500 shares at an average price of $16.92 for $0.13 million. The insider now directly holds shares of Mirion Technologies Inc (MIR).
