MIND Technology Inc (NASDAQ:MIND) currently has a daily average trading volume of 243.02K but it saw 220085 shares traded in last market. With a market cap of 56.15M USD, the company’s current market price of $7.05 came falling about -2.69 while comparing to the previous closing price of $7.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.55 and as low as $3.05. In the recent trading on the day, stock has struck highest price mark of $6.5 while lowest mark touched by it was $7.36.
Taking a look at 20-day trading activity of MIND Technology Inc (MIND) gives us an average price of $7.05, while its current price level is -17.60% below from 52-week high level whereas it is 130.98% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.09 while that of 200 days or SMA-200 reads an average of $4.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.69% during that period while stretching the period over a month that increases to 11.45%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.81 which implies that the stock is in neutral territory.
Global Hunter Securities downgraded its recommendation for the stock as a “Accumulate” from “Buy” on May 19, 2014 while assigning a price target range of $17-$15. Global Hunter Securities issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $22 and $25.
Over the week, MIND’s stock price is moving -11.27% down while it is 77.46% when we observe its performance for the past one month. Year-to-date it is -11.27% down and over the past year, the stock is showing an upside performance of 6.90%.
Currently, MIND Technology Inc’s total number of outstanding shares is 7.97M. Company’s return on investment (ROI) stands at 5.08% and return on equity (ROE) at 19.54%. It has a price to earnings ratio (P/E ratio) of 15.50 while having a 9.15 of forward P/E ratio. Stock’s beta reads 0.90. Stock has a price to book (P/B) ratio of 2.23 while price to sale or P/S ratio amounts to 1.24. Its return on asset (ROA) is 13.75% on average.
