On Tuesday, MIND Technology Inc (NASDAQ: MIND) opened higher 13.97% from the last session, before settling in for the closing price of $6.30. Price fluctuations for MIND have ranged from $3.05 to $6.98 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 0.74%. Company’s average yearly earnings per share was noted 116.09% at the time writing. With a float of $7.80 million, this company’s outstanding shares have now reached $7.97 million.
Let’s determine the extent of company efficiency that accounts for 145 employees. In terms of profitability, gross margin is 44.48%, operating margin of 14.06%, and the pretax margin is 14.59%.
MIND Technology Inc (MIND) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Scientific & Technical Instruments industry is another important factor to consider. The insider ownership of MIND Technology Inc is 2.11%, while institutional ownership is 11.93%.
MIND Technology Inc (MIND) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 116.09% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to 25.21% growth over the previous five years of trading.
MIND Technology Inc (NASDAQ: MIND) Trading Performance Indicators
Check out the current performance indicators for MIND Technology Inc (MIND). In the past quarter, the stock posted a quick ratio of 1.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.45, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.77 in one year’s time.
Technical Analysis of MIND Technology Inc (MIND)
Looking closely at MIND Technology Inc (NASDAQ: MIND), its last 5-days average volume was 1.46 million, which is a jump from its year-to-date volume of 76775.0. As of the previous 9 days, the stock’s Stochastic %D was 89.26%. Additionally, its Average True Range was 0.40.
During the past 100 days, MIND Technology Inc’s (MIND) raw stochastic average was set at 97.41%, which indicates a significant increase from 96.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 145.54% in the past 14 days, which was higher than the 73.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.01, while its 200-day Moving Average is $4.37. However, in the short run, MIND Technology Inc’s stock first resistance to watch stands at $7.58. Second resistance stands at $7.98. The third major resistance level sits at $8.67. If the price goes on to break the first support level at $6.49, it is likely to go to the next support level at $5.80. Now, if the price goes above the second support level, the third support stands at $5.40.
MIND Technology Inc (NASDAQ: MIND) Key Stats
There are currently 1,406K shares outstanding in the company with a market cap of 57.22 million. Presently, the company’s annual sales total 36,510 K according to its annual income of 270 K. Last quarter, the company’s sales amounted to 12,110 K and its income totaled 1,290 K.
