Mirion Technologies (NYSE:MIR) Hits New 1-Year High at $11.55

Mirion Technologies, Inc. (NYSE:MIR) reached a new 52-week high during trading on Tuesday . The company traded as high as $11.55 and last traded at $11.53, with a volume of 751039 shares trading hands. The stock had previously closed at $11.00.

Wall Street Analyst Weigh In

Separately, Citigroup lifted their price objective on shares of Mirion Technologies from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Monday, April 8th.

Mirion Technologies Trading Down 2.9 %

The company has a debt-to-equity ratio of 0.45, a current ratio of 2.19 and a quick ratio of 1.57. The firm’s fifty day moving average is $10.64 and its two-hundred day moving average is $10.39. The firm has a market capitalization of $2.45 billion, a PE ratio of -26.27 and a beta of 0.79.

Mirion Technologies (NYSE:MIR) last announced its earnings results on Tuesday, April 30th. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $192.60 million for the quarter. Mirion Technologies had a positive return on equity of 3.44% and a negative net margin of 9.87%.

Insider Activity

In related news, CEO Thomas D. Logan sold 7,500 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The shares were sold at an average price of $10.86, for a total transaction of $81,450.00. Following the completion of the sale, the chief executive officer now owns 1,544,017 shares in the company, valued at $16,768,024.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Mirion Technologies news, CAO Christopher A. Moore sold 8,153 shares of the firm’s stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $10.29, for a total transaction of $83,894.37. Following the sale, the chief accounting officer now owns 28,128 shares in the company, valued at $289,437.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Thomas D. Logan sold 7,500 shares of the company’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $10.86, for a total value of $81,450.00. Following the completion of the transaction, the chief executive officer now owns 1,544,017 shares of the company’s stock, valued at $16,768,024.62. The disclosure for this sale can be found here. Insiders sold a total of 33,153 shares of company stock valued at $351,669 in the last ninety days. 2.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Mirion Technologies

A number of large investors have recently modified their holdings of MIR. Dimensional Fund Advisors LP raised its position in Mirion Technologies by 40.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,738,900 shares of the company’s stock worth $38,325,000 after purchasing an additional 1,071,810 shares during the period. P2 Capital Partners LLC lifted its stake in shares of Mirion Technologies by 8.8% in the 4th quarter. P2 Capital Partners LLC now owns 5,847,122 shares of the company’s stock valued at $59,933,000 after acquiring an additional 474,414 shares during the last quarter. Nomura Holdings Inc. boosted its holdings in Mirion Technologies by 11.2% during the 4th quarter. Nomura Holdings Inc. now owns 4,916,574 shares of the company’s stock valued at $50,395,000 after acquiring an additional 493,939 shares during the period. Vanguard Group Inc. grew its position in Mirion Technologies by 10.5% during the 3rd quarter. Vanguard Group Inc. now owns 21,327,974 shares of the company’s stock worth $159,320,000 after acquiring an additional 2,029,698 shares during the last quarter. Finally, Victory Capital Management Inc. increased its stake in Mirion Technologies by 22.5% in the 4th quarter. Victory Capital Management Inc. now owns 27,873 shares of the company’s stock worth $286,000 after purchasing an additional 5,119 shares during the period. 78.51% of the stock is owned by hedge funds and other institutional investors.

Mirion Technologies Company Profile

Mirion Technologies, Inc provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, South Korea, and Japan. It operates through two segments, Medical and Technologies.