As of Wednesday close, Mirion Technologies Inc.’s (NYSE:MIR) stock was down -$0.26, moving down -3.71 percent to $6.75. The average number of shares traded per day over the past five days has been 2,521,500 shares. 2 times new highs have been achieved over the past 5 days, with a $0.20 gain in that time frame. In the last twenty days, the average volume was 1,756,530, while in the previous 50 days, it was 1,473,042.
Since last month, MIR stock retreated -5.33%. Shares of the company fell to $6.50 on 06/17/22, the lowest level in the past month. A 52-week high of $11.95 was reached on 01/03/22 after having rallying from a 52-week low of $5.66. Since the beginning of this year, MIR’s stock price has dropped by -35.53% or -$3.72, and marked a new high 1 time. However, the stock has declined by -43.51% since its 52-week high.
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.
In the three months ended March 30, Mirion Technologies Inc.’s quick ratio stood at 1.50, while its current ratio was 2.00, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.48, and the total debt-to-equity ratio was 0.49. Based on annual data, MIR earned $124.2 million in gross profit and brought in $322.1 million in revenue.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. MIR’s revenue rose 100.0% to $611.6 million during the quarter, while net income inched up to $163.2 million. While analysts expected Mirion Technologies Inc. to report $0.09 quarterly earnings, the actual figure was $0.1 per share, beating the consensus estimate by 11.10%. During the quarter, the company generated $12.3 million in EBITDA. The liabilities of Mirion Technologies Inc. were 1.29 billion at the end of its most recent quarter ended March 30, and its total debt was $860.6 million. The value of shareholders’ equity is $208.09 million.
This quick technical analysis looks at Mirion Technologies Inc.’s (MIR) price momentum. With a historical volatility rate of 66.21%, the RSI 9-day stood at 39.80% on 22 June.
With respect to its five-day moving average, the current Mirion Technologies Inc. price is up by +3.05% percent or $0.20. At present, MIR shares trade -10.12% below its 20-day simple moving average and -12.45% percent below its 100-day simple moving average. However, the stock is currently trading approximately -7.66% below its SMA50 and -32.57% below its SMA200.
Stochastic coefficient K was 23.55% and Stochastic coefficient D was 23.71%, while ATR was 0.41. Given the Stochastic reading of 14.66% for the 14-day period, the RSI (14) reading has been calculated as 42.21%. As of today, the MACD Oscillator reading stands at -0.04, while the 14-day reading stands at -0.39.
CJS Securities launched its rating on Mirion Technologies Inc. (NYSE: MIR) to a Market outperform in a note to investors on March 24, 2022. Mirion Technologies Inc. (MIR) has been rated Buy by analysts. According to 0 brokerage firms, MIR is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Mirion Technologies Inc. stock as buy, with 3 recommending it as overweight.
With a median target price of $12.00, the current consensus forecast for the stock is $11.00 – $13.00. Based on these forecasts, analysts predict Mirion Technologies Inc. (MIR) will achieve an average price target of $12.00.