A new trading day began on Tuesday, with Mirion Technologies Inc. (NYSE: MIR) stock price down -2.84% from the previous day of trading, before settling in for the closing price of $14.44. MIR’s price has ranged from $6.70 to $14.80 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 26.89% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 15.73%. With a float of $223.09 million, this company’s outstanding shares have now reached $232.27 million.
In an organization with 3000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 35.7%, operating margin of 0.17%, and the pretax margin is -8.32%.
Mirion Technologies Inc. (MIR) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Mirion Technologies Inc. is 3.95%, while institutional ownership is 84.80%. The most recent insider transaction that took place on Sep 24 ’24, was worth 52,984. In this transaction Chief Legal Officer of this company sold 5,000 shares at a rate of $10.60, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 24 ’24, when Company’s Chief Executive Officer sold 7,500 for $10.47, making the entire transaction worth $78,549. This insider now owns 0 shares in total.
Mirion Technologies Inc. (MIR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 15.73% per share during the next fiscal year.
Mirion Technologies Inc. (NYSE: MIR) Trading Performance Indicators
Here are Mirion Technologies Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.97. Likewise, its price to free cash flow for the trailing twelve months is 49.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.32, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.49 in one year’s time.
Technical Analysis of Mirion Technologies Inc. (MIR)
Let’s dig in a bit further. During the last 5-days, its volume was 3.16 million. That was better than the volume of 1.23 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 79.98%. Additionally, its Average True Range was 0.52.
During the past 100 days, Mirion Technologies Inc.’s (MIR) raw stochastic average was set at 86.54%, which indicates a significant increase from 80.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.89% in the past 14 days, which was higher than the 38.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.22, while its 200-day Moving Average is $10.60. However, in the short run, Mirion Technologies Inc.’s stock first resistance to watch stands at $14.26. Second resistance stands at $14.49. The third major resistance level sits at $14.62. If the price goes on to break the first support level at $13.90, it is likely to go to the next support level at $13.77. Assuming the price breaks the second support level, the third support level stands at $13.54.
Mirion Technologies Inc. (NYSE: MIR) Key Stats
With a market capitalization of 3.26 billion, the company has a total of 227,369K Shares Outstanding. Currently, annual sales are 800,900 K while annual income is -96,900 K. The company’s previous quarter sales were 207,100 K while its latest quarter income was -11,700 K.