MIND Technology (NASDAQ:MIND) Issues Earnings Results

MIND Technology (NASDAQ:MINDGet Rating) issued its quarterly earnings data on Monday. The company reported ($0.20) EPS for the quarter, hitting analysts’ consensus estimates of ($0.20), MarketWatch Earnings reports.

MIND Technology Price Performance

Shares of MIND stock opened at $0.72 on Wednesday. MIND Technology has a 12 month low of $0.68 and a 12 month high of $2.00. The firm has a market capitalization of $9.95 million, a P/E ratio of -0.60 and a beta of 1.68. The company’s fifty day moving average price is $0.79 and its two-hundred day moving average price is $0.97.

Insider Transactions at MIND Technology

In related news, Director Peter H. Blum bought 8,000 shares of the company’s stock in a transaction dated Monday, July 18th. The stock was bought at an average price of $7.12 per share, with a total value of $56,960.00. Following the transaction, the director now owns 21,696 shares of the company’s stock, valued at $154,475.52. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. In other MIND Technology news, Director Peter H. Blum acquired 8,000 shares of the company’s stock in a transaction that occurred on Monday, July 18th. The shares were purchased at an average price of $7.12 per share, for a total transaction of $56,960.00. Following the completion of the purchase, the director now directly owns 21,696 shares in the company, valued at $154,475.52. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Peter H. Blum purchased 10,000 shares of the company’s stock in a transaction dated Friday, July 15th. The shares were bought at an average price of $7.27 per share, for a total transaction of $72,700.00. Following the completion of the transaction, the director now directly owns 13,696 shares in the company, valued at approximately $99,569.92. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 41,696 shares of company stock valued at $196,637. Insiders own 9.70% of the company’s stock.

About MIND Technology

(Get Rating)

MIND Technology, Inc, together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries. The company's 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; Digishot energy source controllers; Sleeve Gun energy sources; and SeaLink product line of marine sensors and solid streamer systems.

Recommended Stories

Earnings History for MIND Technology (NASDAQ:MIND)

Receive News & Ratings for MIND Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MIND Technology and related companies with MarketBeat.com's FREE daily email newsletter.