On Tuesday, MIND Technology Inc (NASDAQ: MIND) was -3.33% drop from the session before settling in for the closing price of $7.81. A 52-week range for MIND has been $3.05 – $8.18.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 0.74%. When this article was written, the company’s average yearly earnings per share was at 116.09%. With a float of $7.80 million, this company’s outstanding shares have now reached $7.97 million.
Considering the fact that the conglomerate employs 145 people, you should pay attention to its efficiency factor. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward MIND Technology Inc stocks. The insider ownership of MIND Technology Inc is 2.11%, while institutional ownership is 11.93%.
MIND Technology Inc (MIND) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
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
You can see what MIND Technology Inc (MIND) is doing with its current performance indicators. In the most recent 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 1.33.
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)
Compared to the last year’s volume of 86384.0, its volume of 0.54 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 83.78%. Additionally, its Average True Range was 0.53.
During the past 100 days, MIND Technology Inc’s (MIND) raw stochastic average was set at 87.72%, which indicates a significant increase from 85.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 166.73% in the past 14 days, which was higher than the 78.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.37, while its 200-day Moving Average is $4.40. Nevertheless, the first resistance level for the watch stands at $7.84 in the near term. At $8.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.33. If the price goes on to break the first support level at $7.36, it is likely to go to the next support level at $7.17. Now, if the price goes above the second support level, the third support stands at $6.88.
MIND Technology Inc (NASDAQ: MIND) Key Stats
There are 1,406K outstanding shares of the company, which has a market capitalization of 60.17 million. As of now, sales total 36,510 K while income totals 270 K. Its latest quarter income was 12,110 K while its last quarter net income were 1,290 K.
