The stock of Mirion Technologies Inc (MIR) has seen a -6.86% decrease in the past week, with a -8.38% drop in the past month, and a 22.02% flourish in the past quarter. The volatility ratio for the week is 4.09%, and the volatility levels for the past 30 days are at 3.55% for MIR.. The simple moving average for the past 20 days is -6.15% for MIR’s stock, with a 31.36% simple moving average for the past 200 days.
Is It Worth Investing in Mirion Technologies Inc (NYSE: MIR) Right Now?
The 36-month beta value for MIR is also noteworthy at 0.76. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for MIR is 215.18M, and at present, short sellers hold a 2.23% of that float. The average trading volume of MIR on January 15, 2025 was 2.38M shares.
MIR) stock’s latest price update
Mirion Technologies Inc (NYSE: MIR)’s stock price has soared by 2.65 in relation to previous closing price of 15.87. Nevertheless, the company has seen a loss of -6.86% in its stock price over the last five trading days. zacks.com reported 2024-12-30 that Mirion Technologies (MIR) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Analysts’ Opinion of MIR
Many brokerage firms have already submitted their reports for MIR stocks, with Robert W. Baird repeating the rating for MIR by listing it as a “Outperform.” The predicted price for MIR in the upcoming period, according to Robert W. Baird is $22 based on the research report published on December 19, 2024 of the previous year 2024.
B. Riley Securities, on the other hand, stated in their research note that they expect to see MIR reach a price target of $14. The rating they have provided for MIR stocks is “Buy” according to the report published on September 26th, 2024.
Citigroup gave a rating of “Buy” to MIR, setting the target price at $11 in the report published on May 26th of the previous year.
MIR Trading at -2.29% from the 50-Day Moving Average
After a stumble in the market that brought MIR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.40% of loss for the given period.
Volatility was left at 3.55%, however, over the last 30 days, the volatility rate increased by 4.09%, as shares sank -8.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.44% upper at present.
During the last 5 trading sessions, MIR fell by -6.86%, which changed the moving average for the period of 200-days by +43.02% in comparison to the 20-day moving average, which settled at $17.36. In addition, Mirion Technologies Inc saw -6.65% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MIR starting from Logan Thomas D, who proposed sale 7,500 shares at the price of $17.71 back on Dec 23 ’24. After this action, Logan Thomas D now owns shares of Mirion Technologies Inc, valued at $132,825 using the latest closing price.
Eloy Loic, the Technologies Group President of Mirion Technologies Inc, sale 44,000 shares at $17.89 during a trade that took place back on Dec 13 ’24, which means that Eloy Loic is holding 133,663 shares at $787,160 based on the most recent closing price.
Stock Fundamentals for MIR
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.36 for the gross margin
The net margin for Mirion Technologies Inc stands at -0.08. The total capital return value is set at 0.0. Equity return is now at value -4.42, with -2.50 for asset returns.
Based on Mirion Technologies Inc (MIR), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 0.47. The interest coverage ratio of the stock is 0.18.
Currently, EBITDA for the company is 114.3 million with net debt to EBITDA at 3.57. When we switch over and look at the enterprise to sales, we see a ratio of 5.09. The receivables turnover for the company is 3.8for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.16.
Conclusion
In summary, Mirion Technologies Inc (MIR) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
