Mirion Technologies Inc [NYSE: MIR] gained 1.18% on the last trading session, reaching $16.36 price per share at the time.
If compared to the average trading volume of 2.12M shares, MIR reached a trading volume of 4342190 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $19.20 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 1.20. 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.
Robert W. Baird have made an estimate for Mirion Technologies Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 19, 2024. While these analysts kept the previous recommendation, B. Riley Securities raised their target price to Buy. The new note on the price target was released on September 26, 2024, representing the official price target for Mirion Technologies Inc stock. Previously, the target price had yet another raise to $11, while Citigroup analysts kept a Buy rating on MIR stock.
The Average True Range (ATR) for Mirion Technologies Inc is set at 0.73, with the Price to Sales ratio for MIR stock in the period of the last 12 months amounting to 4.41. The Price to Book ratio for the last quarter was 2.53, with the Price to Cash per share for the same quarter was set at 0.76. Price to Free Cash Flow for MIR in the course of the last twelve months was 75.55 with Quick ratio for the last quarter at 1.75.
Trading performance analysis for MIR stock
Mirion Technologies Inc [MIR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.87. With this latest performance, MIR shares gained by 3.09% in over the last four-week period, additionally plugging by 59.45% over the last 6 months – not to mention a rise of 64.75% 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 49.65, with the RSI for the last a single of trading hit 51.53, and the three-weeks RSI is set at 49.68 for Mirion Technologies Inc [MIR]. The present Moving Average for the last 50 days of trading for this stock 16.97, while it was recorded at 16.33 for the last single week of trading, and 12.94 for the last 200 days.
Mirion Technologies Inc [MIR]: A deeper dive into fundamental analysis
Mirion Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.75 and a Current Ratio set at 2.26.
An analysis of Institutional ownership at Mirion Technologies Inc [MIR]
There are presently around $97.55%, or 100.35%% 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%.
