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MIND Technology, Inc is currently in a long term downtrend where the price is trading 14.8% below its 200 day moving average.
From a valuation standpoint, the stock is 96.8% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.8.
MIND Technology, Inc's total revenue sank by 38.7% to $7M since the same quarter in the previous year.
Its net income has dropped by 77.0% to $-4M since the same quarter in the previous year.
Finally, its free cash flow grew by 10.8% to $-2M since the same quarter in the previous year.
Based on the above factors, MIND Technology, Inc gets an overall score of 2/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
ISIN | US6025661017 |
Sector | Technology |
Industry | Scientific & Technical Instruments |
Beta | 0.64 |
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Market Cap | 52M |
PE Ratio | 1.09 |
Target Price | 8 |
Dividend Yield | None |
MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries worldwide. Its primary products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources; SeaLink towed seismic streamer system; and Sea Serpent line of passive sonar arrays for maritime security and anti-submarine warfare applications. The company also provides streamer weight collars, depth and pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair and engineering services, training and field service operations, and umbilical terminations. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.
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