Mirion Technologies (NYSE:MIR) Shares Gap Down to $10.02

Mirion Technologies, Inc. (NYSE:MIR) gapped down prior to trading on Friday . The stock had previously closed at $10.02, but opened at $9.59. Mirion Technologies shares last traded at $10.08, with a volume of 498,754 shares trading hands.

Mirion Technologies Price Performance

The company has a debt-to-equity ratio of 0.44, a current ratio of 2.18 and a quick ratio of 1.55. The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of -24.45 and a beta of 0.79. The stock’s 50 day simple moving average is $10.44 and its 200-day simple moving average is $10.56.

Mirion Technologies (NYSE:MIR) last posted its earnings results on Thursday, August 1st. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.03. The firm had revenue of $207.10 million during the quarter, compared to analysts’ expectations of $210.77 million. Mirion Technologies had a negative net margin of 7.80% and a positive return on equity of 3.81%. The company’s revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.08 earnings per share.

Insider Transactions at Mirion Technologies

In other news, insider Emmanuelle Lee sold 5,000 shares of the business’s stock in a transaction on Wednesday, June 26th. The shares were sold at an average price of $10.76, for a total value of $53,800.00. Following the completion of the sale, the insider now directly owns 138,193 shares in the company, valued at $1,486,956.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, insider Emmanuelle Lee sold 5,000 shares of the business’s stock in a transaction on Wednesday, June 26th. The shares were sold at an average price of $10.76, for a total value of $53,800.00. Following the completion of the sale, the insider now directly owns 138,193 shares in the company, valued at $1,486,956.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Loic Eloy sold 22,139 shares of the business’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $9.91, for a total transaction of $219,397.49. Following the completion of the sale, the insider now owns 177,663 shares of the company’s stock, valued at $1,760,640.33. The disclosure for this sale can be found here. Over the last three months, insiders sold 54,639 shares of company stock worth $572,897. 2.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Mirion Technologies

Institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its position in Mirion Technologies by 40.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,738,900 shares of the company’s stock worth $38,325,000 after acquiring an additional 1,071,810 shares during the period. Vanguard Group Inc. increased its position in Mirion Technologies by 0.8% during the first quarter. Vanguard Group Inc. now owns 21,308,031 shares of the company’s stock worth $242,272,000 after acquiring an additional 159,404 shares during the period. P2 Capital Partners LLC increased its position in Mirion Technologies by 8.8% during the fourth quarter. P2 Capital Partners LLC now owns 5,847,122 shares of the company’s stock worth $59,933,000 after acquiring an additional 474,414 shares during the period. Nomura Holdings Inc. increased its position in Mirion Technologies by 11.2% during the fourth quarter. Nomura Holdings Inc. now owns 4,916,574 shares of the company’s stock worth $50,395,000 after acquiring an additional 493,939 shares during the period. Finally, Bank of New York Mellon Corp increased its position in Mirion Technologies by 13.6% during the second quarter. Bank of New York Mellon Corp now owns 816,754 shares of the company’s stock worth $8,772,000 after acquiring an additional 97,887 shares during the period. Institutional investors own 78.51% of the company’s stock.

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.