Mirion Technologies Inc (NYSE: MIR) is -17.13% 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 $14.10 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $14.46, the stock is -4.28% and -9.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing 2.55% at the moment leaves the stock 7.70% off its SMA200. MIR registered 43.03% gain for a year compared to 6-month gain of 53.02%. The firm has a 50-day simple moving average (SMA 50) of $15.9098 and a 200-day simple moving average (SMA200) of $13.426.
The stock witnessed a -11.61% loss in the last 1 month and extending the period to 3 months gives it a -18.86%, and is 1.90% 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 4.64% over the week and 4.89% over the month.
Mirion Technologies Inc (MIR) has around 2860 employees, a market worth around $3.36B and $860.80M in sales. Fwd P/E is 25.56. Profit margin for the company is -4.19%. Distance from 52-week low is 58.73% and -23.13% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.63%).
with sales reaching $199.34M over the same period.The EPS is expected to grow by 13.62% this year, but quarterly earnings will post 4.43% year-over-year. Quarterly sales are estimated to grow 3.50% in year-over-year returns.
Mirion Technologies Inc (MIR) Top Institutional Holders
307.0 institutions hold shares in Mirion Technologies Inc (MIR), with institutional investors hold 92.11% of the company’s shares. The shares outstanding are 225.92M, and float is at 215.61M with Short Float at 2.14%. Institutions hold 89.91% 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 9.8822% 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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Still, SEC filings show that on Dec 13 ’24, Eloy Loic (Technologies Group President) disposed off 44,000 shares at an average price of $17.89 for $0.79 million. The insider now directly holds 133,663 shares of Mirion Technologies Inc (MIR).
