MIND Technology (NASDAQ:MIND) Stock Rating Upgraded by StockNews.com

MIND Technology (NASDAQ:MIND) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday.

MIND Technology Stock Down 0.9 %

Shares of NASDAQ:MIND opened at $3.75 on Thursday. MIND Technology has a fifty-two week low of $3.05 and a fifty-two week high of $7.83. The firm has a 50-day simple moving average of $3.97 and a 200 day simple moving average of $4.34. The company has a market cap of $5.28 million, a PE ratio of -124.79 and a beta of 1.13.

MIND Technology (NASDAQ:MIND) last posted its earnings results on Wednesday, September 11th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.13). The firm had revenue of $10.04 million during the quarter. MIND Technology had a negative return on equity of 10.38% and a net margin of 9.88%.

MIND Technology Company Profile

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.