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As of close of business last night, MIND Technology Inc’s stock clocked out at $8.55, down -1.04% from its previous closing price of $8.64. In other words, the price has decreased by -$1.04% from its previous closing price. On the day, 1.57 million shares were traded. MIND stock price reached its highest trading level at $9.2199 during the session, while it also had its lowest trading level at $8.15.
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 7.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.69. 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:
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 68855800 and an Enterprise Value of 60187548. As of this moment, MIND’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 2.56. Its current Enterprise Value per Revenue stands at 1.335 whereas that against EBITDA is 9.505.
Stock Price History:
The Beta on a monthly basis for MIND is 0.72, which has changed by 1.0117648 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. 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 33.91%, while the 200-Day Moving Average is calculated to be 42.86%.
Shares Statistics:
It appears that MIND traded 242.48K shares on average per day over the past three months and 795720 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 33.56% stake in the company. Shares short for MIND as of 1748563200 were 137992 with a Short Ratio of 0.57, compared to 1745971200 on 174530. Therefore, it implies a Short% of Shares Outstanding of 137992 and a Short% of Float of 1.77.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
