With 0.59 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.48 million shares. The 52-week range on MIRM shows that it touched its highest point at $54.23 and its lowest point at $23.14 during that stretch. It currently has a 1-year price target of $66.11. Beta for the stock currently stands at 1.04.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MIRM was down-trending over the past week, with a drop of -9.74%, but this was down by -5.06% over a month. Three-month performance surged to 1.86% while six-month performance rose 4.83%. The stock gained 59.19% in the past year, while it has gained 11.22% so far this year. A look at the trailing 12-month EPS for MIRM yields -1.85 with Next year EPS estimates of -0.32. For the next quarter, that number is -0.31. This implies an EPS growth rate of 50.05% for this year and 65.79% for next year.
Float and Shares Shorts:
At present, 48.34 million MIRM shares are outstanding with a float of 38.93 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MIRM since 9 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.42557 being high and -$1.97107 being low. For MIRM, this leads to a yearly average estimate of -$1.61269. Based on analyst estimates, the high estimate for the next quarter is -$0.03 and the low estimate is -$0.34. The average estimate for the next quarter is thus -$0.23.
Summary of Insider Activity:
Insiders traded MIRM stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
