Mirion Technologies (NYSE:MIR) Trading Up 3.2%

Mirion Technologies, Inc. (NYSE:MIR - Get Free Report) rose 3.2% during trading on Thursday . The stock traded as high as $10.92 and last traded at $10.91. Approximately 119,659 shares changed hands during trading, a decline of 90% from the average daily volume of 1,145,187 shares. The stock had previously closed at $10.57.

Analyst Ratings Changes

MIR has been the subject of several recent analyst reports. Citigroup boosted their price objective on Mirion Technologies from $13.00 to $14.00 and gave the stock a "buy" rating in a report on Monday, April 8th. TheStreet raised Mirion Technologies from a "d" rating to a "b-" rating in a report on Wednesday, February 14th.

Mirion Technologies Stock Performance

The stock has a market capitalization of $2.44 billion, a PE ratio of -21.74 and a beta of 0.81. The business has a 50 day moving average price of $10.41 and a 200 day moving average price of $9.40. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.03 and a quick ratio of 1.48.

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

Insider Transactions at Mirion Technologies

In related news, CFO Brian Schopfer sold 90,910 shares of the stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $11.00, for a total transaction of $1,000,010.00. Following the sale, the chief financial officer now directly owns 211,167 shares of the company's stock, valued at $2,322,837. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 2.57% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Mirion Technologies by 10.5% during the 3rd quarter. Vanguard Group Inc. now owns 21,327,974 shares of the company's stock valued at $159,320,000 after purchasing an additional 2,029,698 shares during the period. BlackRock Inc. grew its stake in shares of Mirion Technologies by 31.6% during the 2nd quarter. BlackRock Inc. now owns 13,863,989 shares of the company's stock valued at $117,151,000 after purchasing an additional 3,328,271 shares during the period. P2 Capital Partners LLC grew its stake in shares of Mirion Technologies by 8.8% during the 4th quarter. P2 Capital Partners LLC now owns 5,847,122 shares of the company's stock valued at $59,933,000 after purchasing an additional 474,414 shares during the period. Nomura Holdings Inc. bought a new stake in shares of Mirion Technologies during the 4th quarter valued at about $34,485,000. Finally, State Street Corp grew its stake in shares of Mirion Technologies by 27.8% during the 2nd quarter. State Street Corp now owns 4,836,788 shares of the company's stock valued at $40,871,000 after purchasing an additional 1,051,186 shares during the period. 78.51% of the stock is owned by hedge funds and other institutional investors.

About Mirion Technologies

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.