Mirion Technologies (NYSE:MIR) Stock Price Up 3.2%

Mirion Technologies, Inc. (NYSE:MIR) shares rose 3.2% during trading on Thursday . The company traded as high as $10.92 and last traded at $10.91. Approximately 119,659 shares were traded during mid-day 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 research reports. Citigroup lifted their target price on Mirion Technologies from $13.00 to $14.00 and gave the company a “buy” rating in a research note 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 Price Performance

The company’s fifty day moving average is $10.45 and its two-hundred day moving average is $9.44. The company has a quick ratio of 1.48, a current ratio of 2.03 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $2.48 billion, a price-to-earnings ratio of -21.98 and a beta of 0.81.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings results on Tuesday, February 13th. The company reported $0.12 earnings per share for the quarter. Mirion Technologies had a positive return on equity of 3.09% and a negative net margin of 12.01%. The company had revenue of $230.40 million for the quarter.

Insiders Place Their Bets

In other news, CFO Brian Schopfer sold 90,910 shares of Mirion Technologies stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $11.00, for a total transaction of $1,000,010.00. Following the transaction, the chief financial officer now directly owns 211,167 shares of the company’s stock, valued at $2,322,837. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 2.57% of the company’s stock.

Institutional Trading of Mirion Technologies

A number of large investors have recently bought and sold shares of the business. Quantbot Technologies LP boosted its position in shares of Mirion Technologies by 143.0% during the second quarter. Quantbot Technologies LP now owns 5,170 shares of the company’s stock worth $29,000 after buying an additional 3,042 shares during the period. Royal Bank of Canada acquired a new stake in Mirion Technologies in the 1st quarter valued at $63,000. Prelude Capital Management LLC acquired a new position in shares of Mirion Technologies during the 1st quarter worth about $85,000. Citigroup Inc. grew its holdings in shares of 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 acquiring an additional 6,754 shares in the last quarter. Finally, Ergoteles LLC acquired a new stake in shares of Mirion Technologies in the first quarter valued at about $97,000. 78.51% of the stock is owned by 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.