Mirion Technologies Inc. (MIR) 20 Days SMA touches -0.63%: The odds favor the bear

On Tuesday, Mirion Technologies Inc. (NYSE: MIR) opened lower -1.36% from the last session, before settling in for the closing price of $11.02. Price fluctuations for MIR have ranged from $6.70 to $11.49 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Industrials Sector giant saw their annual sales surged by 26.89% over the last five years. Company’s average yearly earnings per share was noted 15.71% at the time writing. With a float of $208.94 million, this company’s outstanding shares have now reached $218.18 million.

The firm has a total of 3000 workers. Let’s measure their productivity.

Mirion Technologies Inc. (MIR) Insider Activity

A key investor’s attitude towards the stock of the Specialty Industrial Machinery industry is another important factor to consider. The insider ownership of Mirion Technologies Inc. is 7.80%, while institutional ownership is 78.68%. The most recent insider transaction that took place on Mar 20 ’24, was worth 1,000,010. In this transaction Chief Financial Officer of this company sold 90,910 shares at a rate of $11.00, taking the stock ownership to the 211,167 shares. Before that another transaction happened on May 30 ’23, when Company’s Chief Accounting Officer (PAO) sold 3,430 for $7.92, making the entire transaction worth $27,166. This insider now owns 32,206 shares in total.

Mirion Technologies Inc. (MIR) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 15.71% per share during the next fiscal year.

Mirion Technologies Inc. (NYSE: MIR) Trading Performance Indicators

Check out the current performance indicators for Mirion Technologies Inc. (MIR). In the past quarter, the stock posted a quick ratio of 1.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.08. Likewise, its price to free cash flow for the trailing twelve months is 42.40.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.50, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.49 in one year’s time.

Technical Analysis of Mirion Technologies Inc. (MIR)

Analysing the last 5-days average volume posted by the [Mirion Technologies Inc., MIR], we can find that recorded value of 1.12 million was lower than the volume posted last year of 1.17 million. As of the previous 9 days, the stock’s Stochastic %D was 64.49%. Additionally, its Average True Range was 0.24.

During the past 100 days, Mirion Technologies Inc.’s (MIR) raw stochastic average was set at 74.23%, which indicates a significant increase from 58.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.25% in the past 14 days, which was lower than the 26.01% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.58, while its 200-day Moving Average is $9.03. Now, the first resistance to watch is $11.01. This is followed by the second major resistance level at $11.14. The third major resistance level sits at $11.24. If the price goes on to break the first support level at $10.78, it is likely to go to the next support level at $10.68. Should the price break the second support level, the third support level stands at $10.55.

Mirion Technologies Inc. (NYSE: MIR) Key Stats

There are currently 226,062K shares outstanding in the company with a market cap of 2.46 billion. Presently, the company’s annual sales total 800,900 K according to its annual income of -96,900 K. Last quarter, the company’s sales amounted to 230,400 K and its income totaled -15,200 K.