MIND Technology Inc (MIND) ticks all the boxes for top investors with its surprise performance of 27.57% last month.

MIND Technology Inc (NASDAQ: MIND) on Tuesday, soared 4.36% from the previous trading day, before settling in for the closing price of $9.40. Within the past 52 weeks, MIND’s price has moved between $3.05 and $10.12.

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A company in the Technology sector has jumped its sales by 8.51% annually for the last half of the decade. The company achieved an average annual earnings per share of 116.09%. With a float of $7.80 million, this company’s outstanding shares have now reached $7.97 million.

In an organization with 145 employees, it is important to assess its efficiency. 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) Insider and Institutional Ownership

Observing investor behavior towards Scientific & Technical Instruments industry stocks is more important than anything else. The insider ownership of MIND Technology Inc is 2.11%, while institutional ownership is 19.25%.

MIND Technology Inc (MIND) Latest Financial update

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.

MIND Technology Inc (NASDAQ: MIND) Trading Performance Indicators

MIND Technology Inc (MIND) is currently performing well based on its current performance indicators. A quick ratio of 1.40 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.73.

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)

Let’s dig in a bit further. During the last 5-days, its volume was 0.26 million. That was inferior than the volume of 0.33 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 69.56%. Additionally, its Average True Range was 0.73.

During the past 100 days, MIND Technology Inc’s (MIND) raw stochastic average was set at 92.24%, which indicates a significant increase from 77.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.18% in the past 14 days, which was lower than the 82.62% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.65, while its 200-day Moving Average is $5.04. However, in the short run, MIND Technology Inc’s stock first resistance to watch stands at $10.25. Second resistance stands at $10.69. The third major resistance level sits at $11.05. If the price goes on to break the first support level at $9.46, it is likely to go to the next support level at $9.11. The third support level lies at $8.67 if the price breaches the second support level.

MIND Technology Inc (NASDAQ: MIND) Key Stats

Market capitalization of the company is 78.18 million based on 1,406K outstanding shares. Right now, sales total 36,510 K and income totals 270 K. The company made 12,110 K in profit during its latest quarter, and 1,290 K in sales during its previous quarter.