Mind Technology Stock Today
| MIND Stock | USD 7.18 0.88 13.97% |
Performance12 of 100
| Odds Of DistressLess than 6
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Mind Technology is trading at 7.18 as of the 17th of December 2024, a 13.97 percent increase since the beginning of the trading day. The stock's lowest day price was 6.2. Mind Technology has only a 6 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. The performance scores are derived for the period starting the 17th of November 2024 and ending today, the 17th of December 2024. Click here to learn more.
Business Domain Energy | IPO Date 19th of December 1994 | Category Technology |
MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas. The company has 7.97 M outstanding shares of which 22.71 K shares are now shorted by private and institutional investors with about 0.44 trading days to cover. More on Mind Technology
Moving together with Mind Stock
| 0.62 | ELSE | Electro Sensors Tech Boost | PairCorr |
Moving against Mind Stock
Mind Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO President | Robert CPA | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Global X Active A.I. Global Equity ETF, Mindmancer AB] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Equipment & Services, Scientific & Technical Instruments, Technology, NASDAQ Composite, NASDAQ Composite Total, Energy, Energy Equipment & Services, Scientific & Technical Instruments, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsMind Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mind Technology's financial leverage. It provides some insight into what part of Mind Technology's total assets is financed by creditors.
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Mind Technology (MIND) is traded on NASDAQ Exchange in USA. It is located in 2002 Timberloch Place, The Woodlands, TX, United States, 77380 and employs 145 people. Mind Technology is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 50.21 M. Mind Technology conducts business under Energy Equipment & Services sector and is part of Energy industry. The entity has 7.97 M outstanding shares of which 22.71 K shares are now shorted by private and institutional investors with about 0.44 trading days to cover.
Mind Technology currently holds about 833 K in cash with (4.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check Mind Technology Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Mind Technology is $50.21 Million. Roughly 85.96 % of Mind Technology outstanding shares are held by general public with 2.1 pct. owned by insiders and only 11.94 % by institutional investors. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Mind Ownership Details
Mind Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Advisor Group Holdings, Inc. | 2024-09-30 | 11.4 K | |
| Private Trust Co Na | 2024-09-30 | 2.9 K | |
| Tower Research Capital Llc | 2024-09-30 | 749 | |
| Bank Of America Corp | 2024-09-30 | 13.0 | |
| Wells Fargo & Co | 2024-06-30 | 0.0 | |
| Brighton Jones Llc | 2024-09-30 | 0.0 | |
| Schmeidler A R & Co Inc | 2024-09-30 | 363.3 K | |
| Kennedy Capital Management Inc | 2024-09-30 | 194.1 K | |
| Aegis Financial Corporation | 2024-09-30 | 95.2 K | |
| Stratos Wealth Partners, Ltd | 2024-09-30 | 90 K | |
| Renaissance Technologies Corp | 2024-09-30 | 58.6 K |
Mind Technology Historical Income Statement
Mind Stock Against Markets
Mind Technology Corporate Executives
Elected by the shareholders, the Mind Technology's board of directors comprises two types of representatives: Mind Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mind. The board's role is to monitor Mind Technology's management team and ensure that shareholders' interests are well served. Mind Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mind Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
When determining whether Mind Technology is a strong investment it is important to analyze Mind Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mind Technology's future performance. For an informed investment choice regarding Mind Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mind Technology. If investors know Mind will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mind Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 6 | Revenue Per Share 27.074 | Quarterly Revenue Growth 0.327 | Return On Assets 0.0525 | Return On Equity 0.0668 |
The market value of Mind Technology is measured differently than its book value, which is the value of Mind that is recorded on the company's balance sheet. Investors also form their own opinion of Mind Technology's value that differs from its market value or its book value, called intrinsic value, which is Mind Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mind Technology's market value can be influenced by many factors that don't directly affect Mind Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mind Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mind Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mind Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.