Mirion Technologies Inc (NYSE: MIR) is -7.74% 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 $16.15 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $16.10, the stock is 8.92% and 9.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -0.31% at the moment leaves the stock 13.63% off its SMA200. MIR registered 61.32% gain for a year compared to 6-month loss of 9.90%.
The stock witnessed a 22.15% gain in the last 1 month and extending the period to 3 months gives it a 0.25%, and is 2.03% 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 3.27% over the week and 4.63% over the month.
Mirion Technologies Inc (MIR) has around 2860 employees, a market worth around $3.73B and $870.20M in sales. Fwd P/E is 28.55. Profit margin for the company is -1.15%. Distance from 52-week low is 76.73% and -14.41% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.45%).
The EPS is expected to grow by 16.65% this year
The shares outstanding are 225.20M, and float is at 214.88M with Short Float at 3.02%.
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 18.7826 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 10.8239 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 7.8153 of the shares totaling 15.8 million with a market value of $169.72 million.
Mirion Technologies Inc (MIR) Insider Activity
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).
