Mirion Technologies, Inc. (NYSE:MIR) Short Interest Up 23.0% in April

Mirion Technologies, Inc. (NYSE:MIRGet Rating) was the target of a large increase in short interest in April. As of April 30th, there was short interest totalling 5,610,000 shares, an increase of 23.0% from the April 15th total of 4,560,000 shares. Approximately 3.2% of the company’s stock are sold short. Based on an average daily trading volume, of 1,110,000 shares, the short-interest ratio is currently 5.1 days.

MIR has been the topic of several research reports. The Goldman Sachs Group dropped their price objective on Mirion Technologies from $13.00 to $12.00 and set a “buy” rating on the stock in a report on Thursday, May 5th. CJS Securities initiated coverage on Mirion Technologies in a report on Thursday, March 24th. They set an “outperform” rating and a $13.00 price target on the stock.

Several hedge funds and other institutional investors have recently made changes to their positions in MIR. Alyeska Investment Group L.P. grew its holdings in shares of Mirion Technologies by 3.6% in the 1st quarter. Alyeska Investment Group L.P. now owns 14,089,613 shares of the company’s stock worth $113,703,000 after acquiring an additional 496,160 shares during the period. Vanguard Group Inc. increased its stake in shares of Mirion Technologies by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 7,156,127 shares of the company’s stock worth $57,750,000 after purchasing an additional 127,370 shares in the last quarter. Senator Investment Group LP purchased a new stake in Mirion Technologies in the 4th quarter valued at approximately $71,981,000. Locust Wood Capital Advisers LLC purchased a new stake in shares of Mirion Technologies in the fourth quarter valued at $49,070,000. Finally, Corsair Capital Management L.P. acquired a new stake in shares of Mirion Technologies during the 4th quarter worth about $45,926,000. Hedge funds and other institutional investors own 78.79% of the company’s stock.

Shares of Mirion Technologies stock opened at $7.25 on Wednesday. Mirion Technologies has a 52-week low of $5.66 and a 52-week high of $11.95. The company’s 50-day simple moving average is $7.76 and its 200-day simple moving average is $9.11. The company has a current ratio of 2.05, a quick ratio of 1.47 and a debt-to-equity ratio of 0.46.

Mirion Technologies (NYSE:MIRGet Rating) last issued its earnings results on Wednesday, May 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. Mirion Technologies had a negative return on equity of 11.44% and a negative net margin of 32.49%.

Mirion Technologies Company Profile (Get Rating)

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, and Japan. It operates through two segments, Medical and Industrial. The medical segment offers radiation oncology quality assurance and dosimetry solutions; patient safety solutions for diagnostic imaging and radiation therapy centers; radiation therapy quality assurance solutions for calibrating and verifying imaging and treatment accuracy; and radionuclide therapy products for nuclear medicine applications, such as shielding, product handling, medical imaging furniture, and rehabilitation products.

Recommended Stories

Receive News & Ratings for Mirion Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mirion Technologies and related companies with MarketBeat.com's FREE daily email newsletter.