A share price of MIND Technology Inc [MIND] is currently trading at $9.01, down -1.42%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MIND shares have gain 20.62% over the last week, with a monthly amount drifted -0.99%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
MIND Technology Inc [NASDAQ: MIND] stock has seen the most recent analyst activity on September 23, 2015, when Sidoti upgraded its rating to a Buy. Previously, Global Hunter Securities downgraded its rating to Accumulate on May 19, 2014, and dropped its price target to $15. On July 13, 2011, Global Hunter Securities reiterated its Buy rating and revised its price target to $25 on the stock. Global Hunter Securities reiterated its Buy rating and increased its price target to $22 on June 08, 2011. Global Hunter Securities upgraded its rating to a Buy and raised its price target to $18 on April 07, 2011. CapitalOne southcoast upgraded its rating to Add for this stock on September 09, 2009, and upped its price target to $7. In a note dated May 28, 2008, C.K. Cooper initiated a Buy rating and provided a target price of $25 on this stock.
MIND Technology Inc experienced fluctuations in its stock price throughout the past year between $4.45 and $14.50. MIND Technology Inc [NASDAQ: MIND] shares were valued at $9.01 at the most recent close of the market.
Analyzing the MIND fundamentals
Trailing Twelve Months sales for MIND Technology Inc [NASDAQ:MIND] were 46.20M which represents -19.97% decline. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.67 points at the first support level, and at 8.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.40, and for the 2nd resistance point, it is at 9.79.
Ratios To Look Out For
To put it in perspective, the Current Ratio for MIND Technology Inc [NASDAQ:MIND] is 6.28. Also, the Quick Ratio is 4.56, while the Cash Ratio stands at 2.84. Considering the valuation of this stock, the price to sales ratio is 1.76, the price to book ratio is 2.02 and price to earnings (TTM) ratio is 23.48.
