Mirion Technologies Inc. (MIR) average volume reaches $1.54M: Is Wall Street expecting a rally?

On Friday, Mirion Technologies Inc. (NYSE: MIR) was 1.34% up from the session before settling in for the closing price of $14.17. A 52-week range for MIR has been $6.70 – $14.80.

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Industrials Sector giant saw their annual sales surged by 26.89% over the last five years. When this article was written, the company’s average yearly earnings per share was at 15.73%. With a float of $223.09 million, this company’s outstanding shares have now reached $232.27 million.

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

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Mirion Technologies Inc. stocks. The insider ownership of Mirion Technologies Inc. is 3.95%, while institutional ownership is 84.83%. The most recent insider transaction that took place on Oct 24 ’24, was worth 104,025. Before that another transaction happened on Sep 24 ’24, when Company’s Chief Legal Officer sold 5,000 for $10.60, making the entire transaction worth $52,984. This insider now owns 0 shares in total.

Mirion Technologies Inc. (MIR) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.05 earnings per share (EPS) during the time that was better than consensus figure (set at 0.05) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.

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

You can see what Mirion Technologies Inc. (MIR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.06. Likewise, its price to free cash flow for the trailing twelve months is 50.92.

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)

Analysing the last 5-days average volume posted by the [Mirion Technologies Inc., MIR], we can find that recorded value of 2.14 million was better than the volume posted last year of 1.24 million. As of the previous 9 days, the stock’s Stochastic %D was 63.59%. Additionally, its Average True Range was 0.49.

During the past 100 days, Mirion Technologies Inc.’s (MIR) raw stochastic average was set at 92.35%, which indicates a significant increase from 86.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.33% in the past 14 days, which was higher than the 37.78% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.45, while its 200-day Moving Average is $10.66. Now, the first resistance to watch is $14.50. This is followed by the second major resistance level at $14.65. The third major resistance level sits at $14.81. If the price goes on to break the first support level at $14.19, it is likely to go to the next support level at $14.03. Should the price break the second support level, the third support level stands at $13.88.

Mirion Technologies Inc. (NYSE: MIR) Key Stats

There are 227,369K outstanding shares of the company, which has a market capitalization of 3.34 billion. As of now, sales total 800,900 K while income totals -96,900 K. Its latest quarter income was 207,100 K while its last quarter net income were -11,700 K.