Renaissance Technologies boosts stake in MIND Technology, a company with seismic potential in the oceanographic industry

MIND Technology (MIND) to Release Quarterly Earnings Report on Wednesday

MIND Technology (NASDAQ:MIND) has set to release its quarterly earnings data on Wednesday, April 17th. The company’s stock opened at $4.14 on Tuesday, with a 50-day moving average of $5.44 and a 200-day moving average of $5.37. The market cap of MIND Technology is $5.82 million, and its PE ratio is -1.31, while the beta is 1.34. Its one-year low is $4.00 and its one-year high is $8.10.

Investors have shown interest in MIND Technology as Renaissance Technologies LLC increased its position in the company’s stock by 7.4% during the second quarter. The institutional investor now owns 524,436 shares of the company’s stock, representing 3.80% of the total shares.

MIND Technology operates in two segments: Seamap Marine Products and Klein Marine Products, providing technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries.

The product offerings include seismic source acquisition and control systems, tracking systems, energy sources, sonar arrays, towed streamer systems and more.

For investors looking for more information on MIND Technology and its financial performance they can sign up to receive news and ratings updates through MarketBeat.com’s free daily email newsletter.

Overall MIND Technology seems like an interesting company with potential for growth as it continues to provide technology solutions to various industries within the oceanographic sector.

Leave a Reply