MIND Technology Inc (NASDAQ:MIND) price on Thursday, July 03, fall -3.11% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $8.1.
A look at the stock’s price movement, the close in the last trading session was $8.36, moving within a range at $7.9 and $8.47. The beta value (5-Year monthly) was 0.7 while the PE ratio in trailing twelve months stood at 41.20. Turning to its 52-week performance, $11.10 and $3.05 were the 52-week high and 52-week low respectively. Overall, MIND moved 32.79% over the past month.
MIND Technology Inc’s market cap currently stands at around $64.55 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Jun-10.
Analysts have a consensus estimate of 12.08M for the company’s revenue for the quarter, with a low and high estimate of 12.08M and 12.08M respectively. The average forecast suggests up to a 20.37% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 49.28M, representing a 5.16% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MIND is a 100% Buy. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
MIND’s current price about 10.19% and 17.82% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 59.57, while 7-day volatility ratio is 7.62% and 8.68% in the 30-day chart. Further, MIND Technology Inc (MIND) has a beta value of 0.67.
If we refocus on MIND Technology Inc (NASDAQ:MIND), historical trading data shows that trading volumes averaged 0.73 over the past 10 days and 275.75K over the past 3 months. The company’s latest data on shares outstanding shows there are 7.97 million shares.
The 2.11% of MIND Technology Inc’s shares are in the hands of company insiders while institutional holders own 33.56% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.26 million on 2025-06-13, giving us a short ratio of 1.42. The data shows that as of 2025-06-13 short interest in MIND Technology Inc (MIND) stood at 328.99998 of shares outstanding, with shares short rising to 0.16 million registered in 2025-05-15. Current price change has pushed the stock 94.72% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MIND stock continues to rise going into the next quarter.
