Short Interest in Mirion Technologies, Inc. (NYSE:MIR) Decreases By 15.0%

Mirion Technologies, Inc. (NYSE:MIR) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 4,090,000 shares, a decrease of 15.0% from the December 31st total of 4,810,000 shares. Based on an average daily volume of 2,260,000 shares, the short-interest ratio is currently 1.8 days. Approximately 1.9% of the shares of the company are short sold.

Mirion Technologies Trading Down 1.6 %

MIR stock traded down $0.26 during trading on Monday, reaching $15.59. The company had a trading volume of 1,305,313 shares, compared to its average volume of 2,127,344. Mirion Technologies has a 52 week low of $9.11 and a 52 week high of $18.81. The business has a 50 day moving average of $17.07 and a 200 day moving average of $13.81. The company has a market cap of $3.62 billion, a P/E ratio of -45.84 and a beta of 0.73. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.16 and a quick ratio of 1.55.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. The Goldman Sachs Group upped their price objective on Mirion Technologies from $16.00 to $21.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Citigroup upped their price target on shares of Mirion Technologies from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Robert W. Baird assumed coverage on shares of Mirion Technologies in a report on Thursday, December 19th. They issued an “outperform” rating and a $22.00 price target on the stock. Finally, Baird R W raised shares of Mirion Technologies to a “strong-buy” rating in a report on Thursday, December 19th. Three investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $19.25.

Hedge Funds Weigh In On Mirion Technologies

Institutional investors and hedge funds have recently made changes to their positions in the business. Essex Investment Management Co. LLC boosted its stake in shares of Mirion Technologies by 0.3% during the 3rd quarter. Essex Investment Management Co. LLC now owns 351,478 shares of the company’s stock worth $3,891,000 after acquiring an additional 980 shares during the last quarter. KBC Group NV lifted its stake in shares of Mirion Technologies by 39.2% during the 4th quarter. KBC Group NV now owns 8,002 shares of the company’s stock valued at $140,000 after buying an additional 2,254 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of Mirion Technologies by 4.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 58,260 shares of the company’s stock valued at $645,000 after buying an additional 2,595 shares in the last quarter. Royce & Associates LP lifted its stake in shares of Mirion Technologies by 0.8% during the 3rd quarter. Royce & Associates LP now owns 484,000 shares of the company’s stock valued at $5,358,000 after buying an additional 4,000 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its stake in shares of Mirion Technologies by 2.3% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 179,998 shares of the company’s stock valued at $1,993,000 after buying an additional 4,043 shares in the last quarter. 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.