Mirion Technologies Sees Unusually Large Options Volume (NYSE:MIR)

Mirion Technologies, Inc. (NYSE:MIR - Get Free Report) saw some unusual options trading on Monday. Stock traders bought 3,389 call options on the company. This is an increase of approximately 667% compared to the typical volume of 442 call options.

Mirion Technologies Price Performance

Shares of MIR stock traded up $0.18 during mid-day trading on Monday, reaching $11.24. The stock had a trading volume of 915,338 shares, compared to its average volume of 1,191,692. The company has a market cap of $2.54 billion, a P/E ratio of -22.47 and a beta of 0.81. The business has a 50-day simple moving average of $10.26 and a 200 day simple moving average of $9.26. Mirion Technologies has a 12-month low of $6.70 and a 12-month high of $11.49. The company has a current ratio of 2.03, a quick ratio of 1.48 and a debt-to-equity ratio of 0.44.

Mirion Technologies (NYSE:MIR - Get Free Report) last posted its quarterly earnings data on Tuesday, February 13th. The company reported $0.12 EPS for the quarter. The firm had revenue of $230.40 million during the quarter. Mirion Technologies had a positive return on equity of 3.09% and a negative net margin of 12.01%.

Insider Buying and Selling at Mirion Technologies

In other Mirion Technologies news, CFO Brian Schopfer sold 90,910 shares of the firm's stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $11.00, for a total value of $1,000,010.00. Following the completion of the sale, the chief financial officer now owns 211,167 shares of the company's stock, valued at $2,322,837. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 2.57% of the stock is owned by corporate insiders.

Institutional Trading of Mirion Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP increased its position in Mirion Technologies by 143.0% during the 2nd quarter. Quantbot Technologies LP now owns 5,170 shares of the company's stock worth $29,000 after purchasing an additional 3,042 shares in the last quarter. Royal Bank of Canada purchased a new stake in Mirion Technologies in the 1st quarter valued at about $63,000. Prelude Capital Management LLC purchased a new stake in Mirion Technologies in the 1st quarter valued at about $85,000. Citigroup Inc. grew its holdings in Mirion Technologies by 162.3% in the 1st quarter. Citigroup Inc. now owns 10,915 shares of the company's stock valued at $93,000 after buying an additional 6,754 shares during the period. Finally, Ergoteles LLC purchased a new stake in Mirion Technologies in the 1st quarter valued at about $97,000. Hedge funds and other institutional investors own 78.51% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on MIR shares. TheStreet upgraded Mirion Technologies from a "d" rating to a "b-" rating in a research report on Wednesday, February 14th. Citigroup raised their price target on Mirion Technologies from $13.00 to $14.00 and gave the company a "buy" rating in a research report on Monday.

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.