MIND Technology (NASDAQ:MIND – Get 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 Trading Down 7.4 %

MIND Technology 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 business's 50 day simple moving average is $0.79 and its 200 day simple moving average is $0.97. The company has a market cap of $9.95 million, a price-to-earnings ratio of -0.60 and a beta of 1.68.

Insider Buying and Selling at MIND Technology

In other news, Director Peter H. Blum purchased 12,000 shares of the firm's stock in a transaction dated Thursday, June 23rd. The shares were purchased at an average price of $3.07 per share, with a total value of $36,840.00. Following the completion of the acquisition, the director now owns 729,528 shares in the company, valued at approximately $2,239,650.96. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. In other MIND Technology news, Director Peter H. Blum purchased 8,000 shares of the business's stock in a transaction on Monday, July 18th. The stock was acquired at an average cost of $7.12 per share, for a total transaction of $56,960.00. Following the completion of the transaction, the director now directly owns 21,696 shares in the company, valued at approximately $154,475.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Peter H. Blum purchased 12,000 shares of the business's stock in a transaction on Thursday, June 23rd. The shares were acquired at an average price of $3.07 per share, with a total value of $36,840.00. Following the completion of the transaction, the director now owns 729,528 shares of the company's stock, valued at $2,239,650.96. The disclosure for this purchase can be found here. Insiders have acquired 41,696 shares of company stock valued at $196,637 in the last 90 days. 9.70% of the stock is currently owned by company insiders.

MIND Technology Company Profile

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.

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