MIND Technology Inc (NASDAQ:MIND) shares, rose in value on Friday, June 20, with the stock price up by 10.20% to the previous day’s close as strong demand from buyers drove the stock to $6.59.
Actively observing the price movement in the last trading, the stock closed the session at $5.98, falling within a range of $6.05 and $6.72. The value of beta (5-year monthly) was 0.7 whereas the PE ratio was 33.52 over 12-month period. Referring to stock’s 52-week performance, its high was $11.10, and the low was $3.05. On the whole, MIND has fluctuated by 0.61% over the past month.
With the market capitalization of MIND Technology Inc currently standing at about $52.52 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jun-10.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 49.28M, with a low estimate of 12.08M and a high estimate of 12.08M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 12.08M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MIND’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of MIND currently trading nearly 4.23% and 5.59% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.34, while the 7-day volatility ratio is showing 6.30% which for the 30-day chart, stands at 4.48%. Furthermore, MIND Technology Inc (MIND)’s beta value is 0.70, and its average true range (ATR) is 0.43.
A comparison of MIND Technology Inc (MIND) with its peers suggests the former has fared considerably weaker in the market. MIND showed an intraday change of 10.20% in last session, and over the past year, it grew by 50.80%%.
Data on historical trading for MIND Technology Inc (NASDAQ:MIND) indicates that the trading volumes over the past 10 days have averaged 0.36 and over the past 3 months, they’ve averaged 182.34K. According to company’s latest data on outstanding shares, there are 7.97 million shares outstanding.
Nearly 2.11% of MIND Technology Inc’s shares belong to company insiders and institutional investors own 33.56% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.14 million shares as on 2025-05-30, resulting in a short ratio of 1.35. According to the data, the short interest in MIND Technology Inc (MIND) stood at 177.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 0.17 million. The stock has fallen by -17.00% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MIND stock heading into the next quarter.
