MIND Technology (MIND) Stock Price, News & Analysis

Company Overview

MIND Technology, Inc., formerly known as Mitcham Industries, develops and supplies specialized technology and equipment for marine exploration, hydrographic surveying, defense, and other ocean-related applications. The company serves customers that use marine sensing and data-acquisition systems in offshore energy, scientific research, commercial surveying, and government operations.

Through its Seamap business, MIND Technology provides marine seismic equipment and related systems. Its products include seismic source controllers, streamer positioning and navigation equipment, telemetry and data-acquisition systems, and other technologies designed to support the collection and management of underwater geophysical data.

The company was established as Mitcham Industries in 1987 and adopted the MIND Technology name as its business focus evolved toward marine technology. Its products are marketed internationally to customers in North America, Europe, Asia, and other maritime regions. MIND Technology is headquartered in Houston, Texas.

Key Stats

• Today's Range: $3.96 to $4.19
• 50-Day Range: $3.89 to $5.75
• 52-Week Range: $3.63 to $14.50
• Volume: 55,314 shs
• Average Volume: 104,840 shs
• Market Capitalization: $36.45 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Sell

MIND Technology Stock Analysis - MarketRank™

MIND Technology scored higher than 16% of companies evaluated by MarketBeat, and ranked 237th out of 250 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.7 / 5
• Analyst Rating: Sell

Consensus Rating

MIND Technology has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no strong buy ratings, no buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

MIND Technology has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of MIND Technology is -15.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of MIND Technology is -15.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

MIND Technology has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.57% of the float of MIND Technology has been sold short.

Short Interest Ratio / Days to Cover

MIND Technology has a short interest ratio ("days to cover") of 3.58, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MIND Technology has recently decreased by 3.13%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

MIND Technology does not currently pay a dividend.

Dividend Growth

MIND Technology does not have a long track record of dividend growth.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: N/A

News Sentiment

MIND Technology has a news sentiment score of 0.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.74 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for MIND Technology this week, compared to 1 article on an average week.

Search Interest

2 people have searched for MIND on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

4 people have added MIND Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.2 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, MIND Technology insiders have not sold or bought any company stock.

Percentage Held by Insiders

3.30% of the stock of MIND Technology is held by insiders.

Percentage Held by Institutions

9.83% of the stock of MIND Technology is held by institutions.

Company Calendar

• Last Earnings: 9/08/2026
• Today: 9/19/2026
• Next Earnings (Estimated): 12/08/2026
• Fiscal Year End: 1/31/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Energy
• Industry: Energy Equipment & Services
• Sub-Industry: Oil & Gas Equipment & Services
• Current Symbol: NASDAQ:MIND
• CIK: 926423
• Web: www.mind-technology.com
• Phone: (281) 353-4475
• Fax: 936-295-1922
• Employees: 157
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($0.26)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $750 thousand
• Net Margins: -6.77%
• Pretax Margin: -1.94%
• Return on Equity: -5.77%
• Return on Assets: -4.85%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 6.92
• Quick Ratio: 5.22

Sales & Book Value

• Annual Sales: $40.95 million
• Price / Sales: 0.89
• Cash Flow: $0.17 per share
• Price / Cash Flow: 23.17
• Book Value: $4.44 per share
• Price / Book: 0.90

Miscellaneous

• Outstanding Shares: 9,090,000
• Free Float: 8,789,000
• Market Cap: $36.45 million
• Optionable: No Data
• Beta: 0.36