MIND Technology Inc. (MIND, Financial) experienced a significant stock surge, climbing 5.18% with shares priced at $3.85. The trading volume reached 39,401 shares, with a turnover rate of 0.49% and a fluctuation of 5.05%.
Recent financial disclosures showed MIND Technology's revenue at $10.04 million and a net profit of $798,000. However, the company reported an earnings per share of -$0.11, resulting in a P/E ratio of -191.25. Currently, there are no institutional ratings or recommendations for this stock.
Within the tech instrument sector, where MIND Technology operates, the overall decline was 0.28%. Notable gainers alongside MIND Technology were Astrotech Corporation and Faro Technologies. Active stocks included Sobr Safe, Inc., Saverone 2014 Ltd, and Blacksky Technology Inc., with turnover rates of 14.40%, 3.92%, and 3.25%, respectively. The stocks with significant volatility included Saverone 2014 Ltd Warrants, Cepton Inc Warrants, and Astrotech Corporation, with fluctuations of 93.99%, 20.00%, and 15.38%.
MIND Technology provides technological solutions for industries like oceanography, hydrographic survey, defense, and seismic and security sectors. The company operates through various divisions including Seamap Marine Products and Klein Marine Products, specializing in high-performance sonar and seismic equipment. The majority of its revenue comes from the Seamap Marine Products division, with geographical operations spanning the U.S., Europe, Russia and the CIS, Middle East and Africa, Asia Pacific, Canada, and Latin America.
