The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Strong Buy. The company is performing strongly in the stock market, with strong fundamentals and technicals supporting the momentum. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Score
Industry at a Glance
Industry Ranking
23 / 96
Overall Ranking
108 / 4720
Industry
Oil & Gas Related Equipment and Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Strong Buy
Current Rating
10.000
Target Price
+20.92%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Company Highlights
StrengthsRisks
Mind Technology, Inc. provides technology to the oceanographic, hydrographic, defense, seismic and security industries. The Company offers marine technology products to marine survey, marine exploration, and maritime defense markets. The Company operates through one segment: Seamap Marine Products. Seamap Marine Products business is engaged in the design, manufacture and sale of specialized marine seismic equipment. Its Seamap unit designs, manufactures, and sells specialized, marine exploration and survey equipment. Its facilities are maintained in the United Kingdom, Singapore, Malaysia and the state of Texas. Seamap Marine Products include Seamap SeaLink, Seamap GunLink, Seamap BuoyLink, source products, and Misc. Seismic Products. It also offers the Sea Serpent, is a line of passive sonar arrays for maritime security and anti-submarine warfare applications. The Company has a global presence with operating locations in the United States, Singapore, Malaysia, and the United Kingdom.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 87.36% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 46.86M.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD 17.60M.%!(EXTRA int=2)
Overvalued
The company’s latest PB is 2.44, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 2.91M shares, increasing 27.65% quarter-over-quarter.
Mind Technology, Inc. provides technology to the oceanographic, hydrographic, defense, seismic and security industries. The Company offers marine technology products to marine survey, marine exploration, and maritime defense markets. The Company operates through one segment: Seamap Marine Products. Seamap Marine Products business is engaged in the design, manufacture and sale of specialized marine seismic equipment. Its Seamap unit designs, manufactures, and sells specialized, marine exploration and survey equipment. Its facilities are maintained in the United Kingdom, Singapore, Malaysia and the state of Texas. Seamap Marine Products include Seamap SeaLink, Seamap GunLink, Seamap BuoyLink, source products, and Misc. Seismic Products. It also offers the Sea Serpent, is a line of passive sonar arrays for maritime security and anti-submarine warfare applications. The Company has a global presence with operating locations in the United States, Singapore, Malaysia, and the United Kingdom.