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NASDAQ:MIND

MIND Technology (MIND) Stock Price, News & Analysis

MIND Technology logo
$3.57
-0.01 (-0.28%)
(As of 11/1/2024 ET)

About MIND Technology Stock (NASDAQ:MIND)

Key Stats

Today's Range
$3.54
$3.61
50-Day Range
$3.17
$4.05
52-Week Range
$3.05
$6.98
Volume
47,278 shs
Average Volume
43,163 shs
Market Capitalization
$5.01 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries worldwide. Its primary products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources; SeaLink towed seismic streamer system; and Sea Serpent line of passive sonar arrays for maritime security and anti-submarine warfare applications. The company also provides streamer weight collars, depth and pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair and engineering services, training and field service operations, and umbilical terminations. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.

MIND Technology Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
6th Percentile Overall Score

MIND MarketRank™: 

MIND Technology scored higher than 6% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MIND Technology is -118.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MIND Technology is -118.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Read more about MIND Technology's valuation and earnings.
  • Percentage of Shares Shorted

    3.50% of the float of MIND Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    MIND Technology has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MIND Technology has recently increased by 654.39%, indicating that investor sentiment is decreasing significantly.
  • Percentage of Shares Shorted

    3.50% of the float of MIND Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    MIND Technology has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MIND Technology has recently increased by 654.39%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    MIND Technology has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for MIND Technology this week, compared to 6 articles on an average week.
  • Search Interest

    Only 1 people have searched for MIND on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • MarketBeat Follows

    1 people have added MIND Technology to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, MIND Technology insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    13.20% of the stock of MIND Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 9.83% of the stock of MIND Technology is held by institutions.

  • Read more about MIND Technology's insider trading history.
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MIND Stock News Headlines

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See More Headlines

MIND Stock Analysis - Frequently Asked Questions

MIND Technology's stock was trading at $6.59 on January 1st, 2024. Since then, MIND shares have decreased by 45.9% and is now trading at $3.5660.
View the best growth stocks for 2024 here
.

MIND Technology, Inc. (NASDAQ:MIND) released its quarterly earnings results on Wednesday, September, 11th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.13. The business earned $10.04 million during the quarter. MIND Technology had a net margin of 9.88% and a negative trailing twelve-month return on equity of 10.38%.

Shares of MIND Technology reverse split on the morning of Friday, October 13th 2023. The 1-10 reverse split was announced on Friday, October 13th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, October 13th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Shares of MIND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that MIND Technology investors own include Sangamo Therapeutics (SGMO), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), Advanced Micro Devices (AMD), Athenex (ATNX), Alkaline Water (WTER) and B2Gold (BTG).

Company Calendar

Last Earnings
9/11/2024
Today
11/02/2024
Next Earnings (Estimated)
12/11/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Search & navigation equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:MIND
Employees
145
Year Founded
N/A

Profitability

Net Income
$270,000.00
Pretax Margin
8.70%

Debt

Sales & Book Value

Annual Sales
$38.07 million
Cash Flow
$0.29 per share
Book Value
($10.77) per share

Miscellaneous

Free Float
1,220,000
Market Cap
$5.01 million
Optionable
No Data
Beta
1.13
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This page (NASDAQ:MIND) was last updated on 11/2/2024 by MarketBeat.com Staff
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