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As of close of business last night, MIND Technology Inc’s stock clocked out at $8.78, down -13.67% from its previous closing price of $10.17. In other words, the price has decreased by -$13.67 from its previous closing price. On the day, 0.63 million shares were traded.
Ratios:
To gain a deeper understanding of MIND’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 3.12. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 19.31, and their Forward P/E ratio for the next fiscal year is 11.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 2.78.
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 6.46%, while the 200-Day Moving Average is calculated to be 70.64%.
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 19.25% stake in the company.
