Mirion Technologies Inc. [NYSE: MIR] traded at a low on Thursday, posting a -0.99 loss after which it closed the day’ session at $10.99.
The results of the trading session contributed to over 5481198 shares changing hands. Over the past one week, the price volatility of Mirion Technologies Inc. stands at 2.82% while the volatility over the past one month is 3.62%.
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 market cap for MIR stock reached $2.55 billion, with 218.18 million shares outstanding and 215.13 million shares in the current float. Compared to the average trading volume of 1.01M shares, MIR reached a trading volume of 5481198 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Mirion Technologies Inc. [MIR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MIR shares is $13.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MIR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
B. Riley Securities have made an estimate for Mirion Technologies Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 26, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price to Buy. The new note on the price target was released on May 26, 2023, representing the official price target for Mirion Technologies Inc. stock. Previously, the target price had yet another raise to $13, while CJS Securities analysts kept a Market Outperform rating on MIR stock.
The Average True Range (ATR) for Mirion Technologies Inc. is set at 0.36, with the Price to Sales ratio for MIR stock in the period of the last 12 months amounting to 3.11. The Price to Book ratio for the last quarter was 1.69, with the Price to Cash per share for the same quarter was set at 0.55. Price to Free Cash Flow for MIR in the course of the last twelve months was 38.97 with Quick ratio for the last quarter at 1.55.
How has MIR stock performed recently?
Mirion Technologies Inc. [MIR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.27. With this latest performance, MIR shares gained by 6.80% in over the last four-week period, additionally plugging by 0.37% over the last 6 months – not to mention a rise of 48.92% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MIR stock in for the last two-week period is set at 60.19, with the RSI for the last a single of trading hit 63.26, and the three-weeks RSI is set at 57.49 for Mirion Technologies Inc. [MIR]. The present Moving Average for the last 50 days of trading for this stock 10.42, while it was recorded at 11.03 for the last single week of trading, and 10.40 for the last 200 days.
Mirion Technologies Inc. [MIR]: Deeper insight into the fundamentals
Mirion Technologies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.55 and a Current Ratio set at 2.18.
Earnings analysis for Mirion Technologies Inc. [MIR]
With the latest financial reports released by the company, Mirion Technologies Inc. posted 0.05/share EPS, while the average EPS was predicted by analysts to be reported at 0.05/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MIR.
Insider trade positions for Mirion Technologies Inc. [MIR]
There are presently around $91.93%, or 92.53%% of MIR stock, in the hands of institutional investors. The top three institutional holders of MIR stocks are: GOLDMAN SACHS GROUP INC with ownership of 37.98 million shares, which is approximately 19.0147%. VANGUARD GROUP INC, holding 21.89 million shares of the stock with an approximate value of $$235.05 million in MIR stocks shares; and VANGUARD GROUP INC, currently with $$214.6 million in MIR stock with ownership which is approximately 10.0044%.
