For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Mirion Technologies Inc. (NYSE: MIR) closed at $9.98 up 0.40% from its previous closing price of $9.94. In other words, the price has increased by $0.40 from its previous closing price. On the day, 1.35 million shares were traded. MIR stock price reached its highest trading level at $10.11 during the session, while it also had its lowest trading level at $9.9.
Ratios:
For a deeper understanding of Mirion Technologies Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.90. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 2.19. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.49.
On March 24, 2022, CJS Securities started tracking the stock assigning a Market Outperform rating and target price of $13.
On November 29, 2021, Goldman started tracking the stock assigning a Buy rating and target price of $14.Goldman initiated its Buy rating on November 29, 2021, with a $14 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 20 ’24 when Schopfer Brian sold 90,910 shares for $11.00 per share. The transaction valued at 1,000,010 led to the insider holds 211,167 shares of the business.
Moore Christopher A. sold 3,430 shares of MIR for $27,166 on May 30 ’23. The Chief Accounting Officer (PAO) now owns 32,206 shares after completing the transaction at $7.92 per share.
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 2269142528 and an Enterprise Value of 2663764992. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.80 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 3.283 whereas that against EBITDA is 17.32.
Stock Price History:
Over the past 52 weeks, MIR has reached a high of $11.49, while it has fallen to a 52-week low of $6.70. The 50-Day Moving Average of the stock is -5.78%, while the 200-Day Moving Average is calculated to be 10.28%.
Shares Statistics:
For the past three months, MIR has traded an average of 1.40M shares per day and 1689250 over the past ten days. A total of 218.18M shares are outstanding, with a floating share count of 209.87M. Insiders hold about 7.71% of the company’s shares, while institutions hold 78.43% stake in the company. Shares short for MIR as of 1713139200 were 7019571 with a Short Ratio of 5.03, compared to 1710460800 on 5878968. Therefore, it implies a Short% of Shares Outstanding of 7019571 and a Short% of Float of 3.53.
