For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, MIND Technology Inc (NASDAQ: MIND) closed at $7.05 down -2.69% from its previous closing price of $7.24. In other words, the price has decreased by -$2.69 from its previous closing price. On the day, 0.22 million shares were traded. MIND stock price reached its highest trading level at $7.36 during the session, while it also had its lowest trading level at $6.5.
Ratios:
For a deeper understanding of MIND Technology Inc’s stock, let’s take a closer look at its various 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:
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 56144564 and an Enterprise Value of 85081272. As of this moment, MIND’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.50, and their Forward P/E ratio for the next fiscal year is 9.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 2.23. Its current Enterprise Value per Revenue stands at 2.235 whereas that against EBITDA is 22.586.
Stock Price History:
The Beta on a monthly basis for MIND is 0.90, which has changed by 0.1949153 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, MIND has reached a high of $8.55, while it has fallen to a 52-week low of $3.05. The 50-Day Moving Average of the stock is 38.46%, while the 200-Day Moving Average is calculated to be 56.78%.
Shares Statistics:
For the past three months, MIND has traded an average of 243.02K shares per day and 278450 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 11.93% stake in the company. Shares short for MIND as of 1732838400 were 22708 with a Short Ratio of 0.68, compared to 1730332800 on 21867. Therefore, it implies a Short% of Shares Outstanding of 22708 and a Short% of Float of 0.29.
Earnings Estimates
As of right now, 1.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0.56 and $0.56 for the fiscal current year, implying an average EPS of $0.56. EPS for the following year is $0.77, with 1.0 analysts recommending between $0.77 and $0.77.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $12.2M this quarter.It ranges from a high estimate of $12.2M to a low estimate of $12.2M. As of the current estimate, MIND Technology Inc’s year-ago sales were $13.38M
A total of 1 analysts have provided revenue estimates for MIND’s current fiscal year. The highest revenue estimate was $44.02M, while the lowest revenue estimate was $44.02M, resulting in an average revenue estimate of $44.02M. In the same quarter a year ago, actual revenue was $36.51MBased on 1 analysts’ estimates, the company’s revenue will be $48.5M in the next fiscal year. The high estimate is $48.5M and the low estimate is $48.5M.
