Stock of Mirion Technologies Inc. (MIR) performance and profitability takes another direction

Currently, Mirion Technologies Inc. [MIR] is trading at $10.68, up 6.59%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MIR shares have gain 7.44% over the last week, with a monthly amount drifted -1.84%, and not seem to be holding up well over a long-time horizon.

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
Sponsored

From an analyst’s perspective:

Previously, CJS Securities started tracking the stock with Market Outperform rating on March 24, 2022, and set its price target to $13. On November 29, 2021, Goldman initiated with a Buy rating and assigned a price target of $14 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $14 on October 25, 2021.

This stock has fluctuated between a low of $6.70 and a high of $11.78 over the last 52 weeks. Mirion Technologies Inc. [NYSE: MIR] shares were valued at $10.68 at the most recent close of the market.

Analyzing the MIR fundamentals

Trailing Twelve Months sales for Mirion Technologies Inc. [NYSE:MIR] were 821.30M which represents 5.02% growth. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.04 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.46.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.91 points at the first support level, and at 9.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.11, and for the 2nd resistance point, it is at 11.55.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Mirion Technologies Inc. [NYSE:MIR] is 2.18. Also, the Quick Ratio is 1.55, while the Cash Ratio stands at 0.52. Considering the valuation of this stock, the price to sales ratio is 3.02, the price to book ratio is 1.64.

Transactions by insiders

Recent insider trading involved Lee Emmanuelle, Chief Legal Officer, that happened on Aug 28 ’24 when 5000.0 shares were sold. Chief Executive Officer, Logan Thomas D completed a deal on Aug 23 ’24 to sell 7500.0 shares. Meanwhile, Officer Logan Thomas D bought 7500.0 shares on Aug 23 ’24.

Related Posts