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As of close of business last night, MIND Technology Inc’s stock clocked out at $8.88, up 2.42% from its previous closing price of $8.67. In other words, the price has increased by $2.42 from its previous closing price. On the day, 0.15 million shares were traded. MIND stock price reached its highest trading level at $9.09 during the session, while it also had its lowest trading level at $8.68.
Ratios:
To gain a deeper understanding of MIND’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.82. For the most recent quarter (mrq), Quick Ratio is recorded 3.01 and its Current Ratio is at 4.79. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.01.
On May 19, 2014, Global Hunter Securities Downgraded its rating to Accumulate which previously was Buy and also lowered its target price recommendation from $17 to $15.
Global Hunter Securities reiterated its Buy rating for the stock on July 13, 2011, while the target price for the stock was revised from $22 to $25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MIND now has a Market Capitalization of 70768472 and an Enterprise Value of 63777460. As of this moment, MIND’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 1.312 whereas that against EBITDA is 8.451.
Stock Price History:
The Beta on a monthly basis for MIND is 0.61, which has changed by 1.2230768 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, MIND has reached a high of $14.50, while it has fallen to a 52-week low of $3.75. The 50-Day Moving Average of the stock is -12.85%, while the 200-Day Moving Average is calculated to be 6.91%.
Shares Statistics:
It appears that MIND traded 259.82K shares on average per day over the past three months and 263130 shares per day over the past ten days. A total of 7.97M shares are outstanding, with a floating share count of 7.80M. Insiders hold about 2.11% of the company’s shares, while institutions hold 15.45% stake in the company. Shares short for MIND as of 1763078400 were 734270 with a Short Ratio of 2.83, compared to 1760486400 on 526151. Therefore, it implies a Short% of Shares Outstanding of 734270 and a Short% of Float of 9.41.
Earnings Estimates
. The current assessment of MIND Technology Inc (MIND) involves the perspectives of 1.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.36, with high estimates of $0.36 and low estimates of $0.36. Analysts are recommending an EPS of between $0.64 and $0.64 for the fiscal current year, implying an average EPS of $0.64.
Revenue Estimates
In. The current quarter, 1 analysts expect revenue to total $10.9M. It ranges from a high estimate of $10.9M to a low estimate of $10.9M. As of. The current estimate, MIND Technology Inc’s year-ago sales were $12.11MFor the next quarter, 1 analysts are estimating revenue of $14.65M. There is a high estimate of $14.65M for the next quarter, whereas the lowest estimate is $14.65M.
A total of 1 analysts have provided revenue estimates for MIND’s current fiscal year. The highest revenue estimate was $47.01M, while the lowest revenue estimate was $47.01M, resulting in an average revenue estimate of $47.01M. In the same quarter a year ago, actual revenue was $46.86M
