MIND Technology - MIND Stock Forecast, Price & News

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. It 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, as well as side scan sonar equipment and systems. The company markets its products to governmental and commercial customers through internal sales organization and a network of distributors and representatives. It operates in the United States, Europe, Canada, Latin America, the Asia/South Pacific, Eurasia, and internationally. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.

MIND Technology Trading Down 0.7 %

Shares of NASDAQ:MIND opened at $0.81 on Thursday. The business's 50 day moving average price is $0.83 and its 200-day moving average price is $1.03. MIND Technology has a fifty-two week low of $0.75 and a fifty-two week high of $2.14.

MIND Technology (NASDAQ:MIND - Get Rating) last issued its quarterly earnings results on Wednesday, June 8th. The company reported ($0.27) earnings per share for the quarter. The firm had revenue of $9.09 million during the quarter.

Insider Transactions at MIND Technology

In other MIND Technology news, Director Peter H. Blum purchased 10,000 shares of MIND Technology stock in a transaction dated Friday, July 15th. The shares were purchased at an average cost of $7.27 per share, for a total transaction of $72,700.00. Following the completion of the acquisition, the director now owns 13,696 shares in the company, valued at approximately $99,569.92. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, Director Peter H. Blum acquired 8,000 shares of MIND Technology stock in a transaction on Monday, July 18th. The shares were bought at an average cost of $7.12 per share, for a total transaction of $56,960.00. Following the acquisition, the director now directly owns 21,696 shares of the company's stock, valued at approximately $154,475.52. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Peter H. Blum acquired 10,000 shares of MIND Technology stock in a transaction on Friday, July 15th. The shares were purchased at an average price of $7.27 per share, for a total transaction of $72,700.00. Following the completion of the acquisition, the director now directly owns 13,696 shares in the company, valued at $99,569.92. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 41,696 shares of company stock worth $196,637. 9.70% of the stock is currently owned by company insiders.