The stock of Mirion Technologies Inc (MIR) has seen a 7.67% increase in the past week, with a -6.21% drop in the past month, and a 7.23% flourish in the past quarter. The volatility ratio for the week is 3.75%, and the volatility levels for the past 30 days are at 4.24% for MIR. The simple moving average for the last 20 days is -3.18% for MIR stock, with a simple moving average of 24.19% for the last 200 days.
Is It Worth Investing in Mirion Technologies Inc (NYSE: MIR) Right Now?
The stock has a 36-month beta value of 0.74. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for MIR is 215.18M, and at present, short sellers hold a 1.90% of that float. On February 05, 2025, the average trading volume of MIR was 2.15M shares.
MIR) stock’s latest price update
Mirion Technologies Inc (NYSE: MIR) has seen a rise in its stock price by 1.73 in relation to its previous close of 15.60. However, the company has experienced a 7.67% gain in its stock price over the last five trading sessions. businesswire.com reported 2025-01-16 that ATLANTA–(BUSINESS WIRE)–Mirion (NYSE: MIR) announced today that it will release financial results for fourth quarter and full year 2024 after market close on Tuesday, February 11, 2025. Following the news release, the company will host a conference call the next day, Wednesday, February 12, 2025, at 11:00 am ET to discuss the results. Participants may access the call by dialing 1-877-407-9208 or 1-201-493-6784, and requesting to join the Mirion Technologies, Inc. earnings call. A live webcast.
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 -6.58% 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 -15.63% of loss for the given period.
Volatility was left at 4.24%, however, over the last 30 days, the volatility rate increased by 3.75%, as shares sank -7.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.40% lower at present.
During the last 5 trading sessions, MIR rose by +7.67%, which changed the moving average for the period of 200-days by +50.14% in comparison to the 20-day moving average, which settled at $16.39. In addition, Mirion Technologies Inc saw -9.05% 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 $17.74 back on Jan 23 ’25. After this action, Logan Thomas D now owns shares of Mirion Technologies Inc, valued at $133,050 using the latest closing price.
Logan Thomas D, the Former Affiliate of Mirion Technologies Inc, proposed sale 7,500 shares at $17.71 during a trade that took place back on Dec 23 ’24, which means that Logan Thomas D is holding shares at $132,825 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 4.98. 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
To sum up, Mirion Technologies Inc (MIR) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
