$2.45M in average volume shows that Mirion Technologies Inc (MIR) is heading in the right direction

On Friday, Mirion Technologies Inc (NYSE: MIR) opened higher 1.58% from the last session, before settling in for the closing price of $17.75. Price fluctuations for MIR have ranged from $9.11 to $18.67 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 26.89%. Company’s average yearly earnings per share was noted 14.90% at the time writing. With a float of $222.12 million, this company’s outstanding shares have now reached $225.47 million.

Considering the fact that the conglomerate employs 3000 people, you should pay attention to its efficiency factor. 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 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 4.38%, while institutional ownership is 86.07%. 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) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 14.90% 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 1.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.08. Likewise, its price to free cash flow for the trailing twelve months is 77.35.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.51 in one year’s time.

Technical Analysis of Mirion Technologies Inc (MIR)

Compared to the last year’s volume of 1.42 million, its volume of 2.23 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 64.27%. Additionally, its Average True Range was 0.62.

During the past 100 days, Mirion Technologies Inc’s (MIR) raw stochastic average was set at 93.35%, which indicates a significant increase from 75.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.31% in the past 14 days, which was lower than the 38.56% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.27, while its 200-day Moving Average is $11.75. Nevertheless, the first resistance level for the watch stands at $18.20 in the near term. At $18.36, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.63. If the price goes on to break the first support level at $17.77, it is likely to go to the next support level at $17.50. Should the price break the second support level, the third support level stands at $17.34.

Mirion Technologies Inc (NYSE: MIR) Key Stats

There are currently 232,263K shares outstanding in the company with a market cap of 4.25 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 206,800 K and its income totaled -13,600 K.