Mind Technology Stock Today

MIND Stock  USD 7.29  0.10  1.39%   

Performance

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Strong

Odds Of Distress

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Low
Mind Technology is trading at 7.29 as of the 19th of March 2025, a 1.39 percent increase since the beginning of the trading day. The stock's lowest day price was 6.88. Mind Technology has only a 6 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 2025. 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 209.54 K shares are now shorted by private and institutional investors with about 0.85 trading days to cover. More on Mind Technology

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Mind Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentRobert CPA
Thematic IdeaElectronic Equipment (View all Themes)
Old Names[Global X Active A.I. Global Equity ETF, Mindmancer AB]
Business ConcentrationOil & Gas Equipment & Services, Scientific & Technical Instruments, Technology, NASDAQ Composite, NASDAQ Composite Total, Electronic Equipment, Energy, Energy Equipment & Services, Scientific & Technical Instruments, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.030.98
Sufficiently Up
Slightly volatile
Total Current Liabilities11.8 M11.8 M
Slightly Up
Very volatile
Non Current Liabilities Total626 K659 K
Notably Down
Slightly volatile
Total Assets36.6 M38.5 M
Notably Down
Slightly volatile
Total Current Assets34.3 M32.6 M
Sufficiently Up
Slightly volatile
Debt Levels
Mind 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.
Liquidity
Mind Technology currently holds 1.32 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Mind Technology has a current ratio of 2.81, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Mind Technology's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

(6.35 Million)
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 57.3 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 209.54 K shares are now shorted by private and institutional investors with about 0.85 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 Allocation
The market capitalization of Mind Technology is $57.3 Million. Roughly 78.52 % of Mind Technology outstanding shares are held by general public with 2.1 pct. owned by insiders and only 19.38 % 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

InstituionRecorded OnShares
Ubs Group Ag2024-12-31
26.2 K
Virtu Financial Llc2024-12-31
24.1 K
Blackrock Inc2024-12-31
23.2 K
Quadrature Capital Llp2024-12-31
22.6 K
Northern Trust Corp2024-12-31
19.5 K
Squarepoint Ops Llc2024-12-31
18.3 K
Brighton Jones Llc2024-12-31
17.3 K
Goss Wealth Management Llc2024-12-31
16.6 K
Xtx Topco Ltd2024-12-31
14.4 K
Schmeidler A R & Co Inc2024-12-31
302.1 K
Kennedy Capital Management Inc2024-12-31
211.5 K
View Mind Technology Diagnostics

Mind Technology Historical Income Statement

At present, Mind Technology's Gross Profit is projected to decrease significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 49.8 M, whereas Interest Expense is forecasted to decline to about 443.7 K. View More Fundamentals

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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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
18.596
Quarterly Revenue Growth
1.434
Return On Assets
0.1205
Return On Equity
0.1954
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.