Balance Sheet Insights: MIND Technology Inc (MIND)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, MIND Technology Inc (NASDAQ: MIND) closed at $6.02 down -10.81% from its previous closing price of $6.75. In other words, the price has decreased by -$10.81 from its previous closing price. On the day, 1.02 million shares were traded.

Ratios:

For a deeper understanding of MIND Technology Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.41. For the most recent quarter (mrq), Quick Ratio is recorded 2.04 and its Current Ratio is at 3.55. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.02.

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:

As of this moment, MIND’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.06 while its Price-to-Book (P/B) ratio in mrq is 1.80.

Stock Price History:

Over the past 52 weeks, MIND has reached a high of $11.10, while it has fallen to a 52-week low of $3.05. The 50-Day Moving Average of the stock is -1.80%, while the 200-Day Moving Average is calculated to be 2.60%.

Shares Statistics:

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 33.56% stake in the company.

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