With 0.65 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.5 million shares. The 52-week range on MIRM shows that it touched its highest point at $54.23 and its lowest point at $23.83 during that stretch. It currently has a 1-year price target of $68.10. Beta for the stock currently stands at 0.97.
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 up-trending over the past week, with a rise of 1.33%, but this was up by 6.75% over a month. Three-month performance dropped to -13.30% while six-month performance rose 8.72%. The stock gained 70.86% in the past year, while it has gained 7.06% so far this year. A look at the trailing 12-month EPS for MIRM yields -1.61 with Next year EPS estimates of -0.42. For the next quarter, that number is -0.33. This implies an EPS growth rate of 37.99% for this year and 63.30% for next year.
Float and Shares Shorts:
At present, 49.45 million MIRM shares are outstanding with a float of 39.54 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.
