Daily Market Movement: Mirion Technologies Inc (MIR) Sees a 1.42 Increase, Closing at 15.00

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The closing price of Mirion Technologies Inc (NYSE: MIR) was $15.00 for the day, up 1.42% from the previous closing price of $14.79. In other words, the price has increased by $1.42 from its previous closing price. On the day, 1.57 million shares were traded. MIR stock price reached its highest trading level at $15.0 during the session, while it also had its lowest trading level at $14.65.

Ratios:

Our analysis of MIR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 63.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.55 and its Current Ratio is at 2.16. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.47.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on September 26, 2024, initiated with a Buy rating and assigned the stock a target price of $14.

On March 24, 2022, CJS Securities started tracking the stock assigning a Market Outperform rating and target price of $13.CJS Securities initiated its Market Outperform rating on March 24, 2022, with a $13 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 31 ’24 when Lee Emmanuelle sold 3,405 shares for $14.27 per share. The transaction valued at 48,603 led to the insider holds 0 shares of the business.

Logan Thomas D sold 7,500 shares of MIR for $105,815 on Oct 24 ’24. The Chief Executive Officer now owns 0 shares after completing the transaction at $14.11 per share. On Oct 24 ’24, another insider, Logan Thomas D, who serves as the Officer of the company, bought 7,500 shares for $13.87 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MIR now has a Market Capitalization of 3483945216 and an Enterprise Value of 3738851328. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.16 while its Price-to-Book (P/B) ratio in mrq is 2.29. Its current Enterprise Value per Revenue stands at 4.468 whereas that against EBITDA is 22.189.

Stock Price History:

Over the past 52 weeks, MIR has reached a high of $15.17, while it has fallen to a 52-week low of $7.97. The 50-Day Moving Average of the stock is 25.23%, while the 200-Day Moving Average is calculated to be 38.39%.

Shares Statistics:

MIR traded an average of 1.75M shares per day over the past three months and 2859760 shares per day over the past ten days. A total of 232.29M shares are outstanding, with a floating share count of 223.17M. Insiders hold about 3.92% of the company’s shares, while institutions hold 85.05% stake in the company. Shares short for MIR as of 1728950400 were 4384507 with a Short Ratio of 2.51, compared to 1726185600 on 3944302. Therefore, it implies a Short% of Shares Outstanding of 4384507 and a Short% of Float of 2.1300000999999997.

Most Popular