MIND Technology (NASDAQ:MIND) Rating Lowered to Sell at StockNews.com

MIND Technology (NASDAQ:MIND) was downgraded by StockNews.com from a “hold” rating to a “sell” rating in a research report issued on Wednesday.

MIND Technology Stock Performance

MIND Technology stock traded up $0.17 during mid-day trading on Wednesday, hitting $3.62. The company’s stock had a trading volume of 133,217 shares, compared to its average volume of 37,706. MIND Technology has a one year low of $3.05 and a one year high of $7.83. The stock has a market cap of $5.10 million, a PE ratio of -2.10 and a beta of 1.13. The company has a 50 day moving average of $4.28 and a 200-day moving average of $4.62.

About MIND Technology

MIND Technology, Inc, together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries worldwide. Its primary 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; Sleeve Gun energy sources; SeaLink towed seismic streamer system; and Sea Serpent line of passive sonar arrays for maritime security and anti-submarine warfare applications.