Market Momentum: Mirion Technologies Inc. (MIR) Registers a 1.52 Increase, Closing at 10.67

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Mirion Technologies Inc. (NYSE: MIR) closed the day trading at $10.67 up 1.52% from the previous closing price of $10.51. In other words, the price has increased by $1.52 from its previous closing price. On the day, 2.18 million shares were traded. MIR stock price reached its highest trading level at $10.77 during the session, while it also had its lowest trading level at $10.36.

Ratios:

For a better understanding of MIR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.84. For the most recent quarter (mrq), Quick Ratio is recorded 1.55 and its Current Ratio is at 2.18. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.47.

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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 25 ’24 when THE LEE REVOCABLE LT U/T/D 7/9 bought 20,000 shares for $10.51 per share.

Logan Thomas D bought 7,500 shares of MIR for $80,625 on Sep 24 ’24. On Aug 28 ’24, another insider, Lee Emmanuelle, who serves as the Chief Legal Officer of the company, sold 5,000 shares for $11.01 each. As a result, the insider received 55,050 and left with 0 shares of the company.

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 2477862144 and an Enterprise Value of 2852678656. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.02 while its Price-to-Book (P/B) ratio in mrq is 1.64. Its current Enterprise Value per Revenue stands at 3.473 whereas that against EBITDA is 17.896.

Stock Price History:

Over the past 52 weeks, MIR has reached a high of $11.78, while it has fallen to a 52-week low of $6.70. The 50-Day Moving Average of the stock is 2.39%, while the 200-Day Moving Average is calculated to be 3.02%.

Shares Statistics:

Over the past 3-months, MIR traded about 957.18K shares per day on average, while over the past 10 days, MIR traded about 1422520 shares per day. A total of 218.18M shares are outstanding, with a floating share count of 215.13M. Insiders hold about 7.38% of the company’s shares, while institutions hold 84.86% stake in the company. Shares short for MIR as of 1724976000 were 4491841 with a Short Ratio of 4.12, compared to 1722384000 on 4094461. Therefore, it implies a Short% of Shares Outstanding of 4491841 and a Short% of Float of 2.19.

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