Mind Technology Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $0.61
- Today's High:
- $0.63
- Open Price:
- $0.626
- 52W Low:
- $0.37
- 52W High:
- $0.81
- Prev. Close:
- $0.61
- Volume:
- 14976
Company Statistics
- Market Cap.:
- $8.41 million
- Book Value:
- -1.082
- Revenue TTM:
- $38.59 million
- Operating Margin TTM:
- -12.56%
- Gross Profit TTM:
- $12.98 million
- Profit Margin:
- -17.24%
- Return on Assets TTM:
- -8.46%
- Return on Equity TTM:
- -19.47%
Company Profile
Mind Technology Inc had its IPO on 1994-12-19 under the ticker symbol MIND.
The company operates in the Technology sector and Scientific & Technical Instruments industry. Mind Technology Inc has a staff strength of 190 employees.
Stock update
Shares of Mind Technology Inc opened at $0.63 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $0.61 - $0.63, and closed at $0.61.
This is a +0.64% increase from the previous day's closing price.
A total volume of 14,976 shares were traded at the close of the day’s session.
In the last one week, shares of Mind Technology Inc have slipped by -4.08%.
Mind Technology Inc's Key Ratios
Mind Technology Inc has a market cap of $8.41 million, indicating a price to book ratio of 9.0564 and a price to sales ratio of 0.1963.
In the last 12-months Mind Technology Inc’s revenue was $38.59 million with a gross profit of $12.98 million and an EBITDA of $-2960000. The EBITDA ratio measures Mind Technology Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Mind Technology Inc’s operating margin was -12.56% while its return on assets stood at -8.46% with a return of equity of -19.47%.
In Q1.3333333333333, Mind Technology Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 38.5%.
Mind Technology Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
- -0.19
Its diluted EPS in the last 12-months stands at $-0.63 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -0.19. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Mind Technology Inc’s profitability.
Mind Technology Inc stock is trading at a EV to sales ratio of 1.4914 and a EV to EBITDA ratio of -4.8245. Its price to sales ratio in the trailing 12-months stood at 0.1963.
Mind Technology Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $32.86 million
- Total Liabilities
- $8.66 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $51000
- Dividend Payout Ratio
- 0%
Mind Technology Inc ended 2024 with $32.86 million in total assets and $0 in total liabilities. Its intangible assets were valued at $32.86 million while shareholder equity stood at $23.05 million.
Mind Technology Inc ended 2024 with $0 in deferred long-term liabilities, $8.66 million in other current liabilities, 157000.00 in common stock, $-127635000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $778000.00 and cash and short-term investments were $778000.00. The company’s total short-term debt was $903,000 while long-term debt stood at $0.
Mind Technology Inc’s total current assets stands at $22.23 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $3.99 million compared to accounts payable of $4.10 million and inventory worth $15.32 million.
In 2024, Mind Technology Inc's operating cash flow was $0 while its capital expenditure stood at $51000.
Comparatively, Mind Technology Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $0.61
- 52-Week High
- $0.81
- 52-Week Low
- $0.37
- Analyst Target Price
- $6
Mind Technology Inc stock is currently trading at $0.61 per share. It touched a 52-week high of $0.81 and a 52-week low of $0.81. Analysts tracking the stock have a 12-month average target price of $6.
Its 50-day moving average was $0.64 and 200-day moving average was $0.56 The short ratio stood at 0.97 indicating a short percent outstanding of 0%.
Around 583.3% of the company’s stock are held by insiders while 1298.3% are held by institutions.
Frequently Asked Questions About Mind Technology Inc
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About
MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries. It operates in two segments, Seamap Marine Products and Klein Marine Products. The company’s products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources; Sea Serpent line of passive sonar arrays for maritime security and anti-submarine warfare applications; SeaLink towed streamer systems; and SeaLink towed seismic streamer system. It also provides streamer weight collars, depth and pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair and engineering services, training and field service operations, and umbilical terminations, as well as side scan sonar equipment and systems. The company markets its products to governmental and commercial customers through internal sales organization and a network of distributors and representatives. It operates in the United States, Europe, Canada, Africa, Mexico, South America, the Asia/South Pacific, and internationally. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.