Mirion Technologies Inc. (NYSE:MIR) shares, rose in value, with the stock price up by 0.73% to the previous day’s close as strong demand from buyers drove the stock to $11.09.
Actively observing the price movement in the last trading, the stock closed the session at $11.01. Referring to stock’s 52-week performance, its high was $11.49, and the low was $6.70. On the whole, MIR has fluctuated by -2.63% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MIR’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of MIR currently trading nearly 1.19% and 5.37% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.42, while the 7-day volatility ratio is showing 1.62% which for the 30-day chart, stands at 2.18%. Furthermore, Mirion Technologies Inc. (MIR)’s beta value is 0.81, and its average true range (ATR) is 0.24.
A comparison of Mirion Technologies Inc. (MIR) with its peers suggests the former has fared considerably weaker in the market. MIR showed an intraday change of 0.73% in last session, and over the past year, it grew by 39.15%%.
Data on historical trading for Mirion Technologies Inc. (NYSE:MIR) indicates that the trading volumes over the past 3 months, they’ve averaged 1.25 million. According to company’s latest data on outstanding shares, there are 218.18 million shares outstanding.
Nearly 7.80% of Mirion Technologies Inc.’s shares belong to company insiders and institutional investors own 78.68% of the company’s shares. The stock has risen by 8.20% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MIR stock heading into the next quarter.
