How to buy MIND Technology stock | $2.15

MIND Technology, Inc is a scientific & technical instruments business based in the US. MIND Technology shares (MIND) are listed on the NASDAQ and all prices are listed in US Dollars. MIND Technology employs 232 staff and has a trailing 12-month revenue of around USD$36.5 million.

How to buy shares in MIND Technology

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for MIND Technology. Find the stock by name or ticker symbol: MIND. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until MIND Technology reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$2.15, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of MIND Technology, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of MIND Technology. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

MIND Technology share price

Use our graph to track the performance of MIND stocks over time.

MIND Technology shares at a glance

• Key figures

Information last updated 2021-01-22.

Latest market close	USD$2.15
52-week range	USD$0.7 - USD$3.2241
50-day moving average	USD$2.2439
200-day moving average	USD$2.2383
Wall St. target price	USD$6
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$-1.39

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Is it a good time to buy MIND Technology stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of MIND Technology, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

MIND Technology price performance over time

Historical closes compared with the close of $2.15 from 2021-01-11

1 week (2021-01-13)	N/A
1 month (2020-12-20)	N/A
3 months (2020-10-20)	N/A
6 months (2020-07-20)	N/A

1 year (2020-01-20)	N/A
2 years (2019-01-20)	N/A
3 years (2018-01-20)	N/A
5 years (2016-01-20)	N/A

MIND Technology financials

Revenue TTM	USD$36.5 million
Gross profit TTM	USD$16.6 million
Return on assets TTM	-15.36%
Return on equity TTM	-41.89%
Profit margin	-56.36%
Book value	$0.689
Market capitalisation	USD$27.4 million

TTM: trailing 12 months

Shorting MIND Technology shares

There are currently 30,065 MIND Technology shares held short by investors – that's known as MIND Technology's "short interest". This figure is 56.2% up from 19,248 last month.

There are a few different ways that this level of interest in shorting MIND Technology shares can be evaluated.

MIND Technology's "short interest ratio" (SIR)

MIND Technology's "short interest ratio" (SIR) is the quantity of MIND Technology shares currently shorted divided by the average quantity of MIND Technology shares traded daily (recently around 501083.33333333). MIND Technology's SIR currently stands at 0.06. In other words for every 100,000 MIND Technology shares traded daily on the market, roughly 60 shares are currently held short.

However MIND Technology's short interest can also be evaluated against the total number of MIND Technology shares, or, against the total number of tradable MIND Technology shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case MIND Technology's short interest could be expressed as 0% of the outstanding shares (for every 100,000 MIND Technology shares in existence, roughly 0 shares are currently held short) or 0.0032% of the tradable shares (for every 100,000 tradable MIND Technology shares, roughly 3 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against MIND Technology.

Find out more about how you can short MIND Technology stock.

MIND Technology share dividends

We're not expecting MIND Technology to pay a dividend over the next 12 months.

MIND Technology share price volatility

Over the last 12 months, MIND Technology's shares have ranged in value from as little as $0.7 up to $3.2241. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while MIND Technology's is 1.9354. This would suggest that MIND Technology's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

MIND Technology overview

MIND Technology, Inc., through its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic and maritime security industries in the United States, Singapore, Malaysia, the United Kingdom, and internationally. The company operates in two segments, Marine Technology Products, and Equipment Leasing. The Marine Technology Products segment develops, manufactures, and sells proprietary products. Its 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; SeaLink product line of marine sensors and solid streamer systems; and HarborGuard, an integrated waterside surveillance and security system that combines radar, video, and other surveillance technology to provide security for various waterside installations. This segment also provides streamer weight collars, depth and pressure transducers, air control valves, and source array systems; spare and replacement parts; repair and engineering services, training and field service operations, and umbilical termination; and equipment, consumables, systems integration, engineering hardware, and software maintenance support services. The Equipment Leasing segment leases seismic equipment for short-term primarily to seismic data acquisition contractors and oil field service providers. This segment also sells used equipment from its lease pool. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was founded in 1987 and is headquartered in The Woodlands, Texas.

Frequently asked questions

• What percentage of MIND Technology is owned by insiders or institutions?

  Currently 6.055% of MIND Technology shares are held by insiders and 47.936% by institutions.

• How many people work for MIND Technology?

  Latest data suggests 232 work at MIND Technology.

• When does the fiscal year end for MIND Technology?

  MIND Technology's fiscal year ends in January.

• Where is MIND Technology based?

  MIND Technology's address is: 2002 Timberloch Place, The Woodlands, TX, United States, 77380

• What is MIND Technology's ISIN number?

  MIND Technology's international securities identification number is: US6025661017

• What is MIND Technology's CUSIP number?

  MIND Technology's Committee on Uniform Securities Identification Procedures number is: 606501104