A new trading day began on Tuesday, with Mirion Technologies Inc (NYSE: MIR) stock price down -0.72% from the previous day of trading, before settling in for the closing price of $16.58. MIR’s price has ranged from $8.65 to $17.03 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 26.89% over the past five years. Meanwhile, its annual earnings per share averaged 15.95%. With a float of $222.12 million, this company’s outstanding shares have now reached $232.29 million.
Let’s look at the performance matrix of the company that is accounted for 3000 employees. In terms of profitability, gross margin is 36.48%, operating margin of 1.3%, and the pretax margin is -8.08%.
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 4.38%, while institutional ownership is 86.04%. The most recent insider transaction that took place on Nov 25 ’24, was worth 126,900. Before that another transaction happened on Oct 31 ’24, when Company’s Chief Legal Officer sold 3,405 for $14.27, making the entire transaction worth $48,603. This insider now owns 0 shares in total.
Mirion Technologies Inc (MIR) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.15 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.95% 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 4.57. Likewise, its price to free cash flow for the trailing twelve months is 69.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.49 in one year’s time.
Technical Analysis of Mirion Technologies Inc (MIR)
Mirion Technologies Inc (NYSE: MIR) saw its 5-day average volume 1.81 million, a positive change from its year-to-date volume of 1.37 million. As of the previous 9 days, the stock’s Stochastic %D was 85.29%. Additionally, its Average True Range was 0.61.
During the past 100 days, Mirion Technologies Inc’s (MIR) raw stochastic average was set at 92.80%, which indicates a significant increase from 78.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.06% in the past 14 days, which was lower than the 40.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.66, while its 200-day Moving Average is $11.29. Nevertheless, the first resistance level for the watch stands at $16.67 in the near term. At $16.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.01. If the price goes on to break the first support level at $16.32, it is likely to go to the next support level at $16.18. Assuming the price breaks the second support level, the third support level stands at $15.98.
Mirion Technologies Inc (NYSE: MIR) Key Stats
With a market capitalization of 3.82 billion, the company has a total of 232,263K Shares Outstanding. Currently, annual sales are 800,900 K while annual income is -96,900 K. The company’s previous quarter sales were 206,800 K while its latest quarter income was -13,600 K.