Categories: Technology

Renaissance Technologies Boosts MIND Technology Stock with 7.4% Investment

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

Institutional trading activity shows that Renaissance Technologies LLC recently increased its position in MIND Technology stock by 7.4%. They now own 524,436 shares of the company’s stock, representing 3.80% of the company’s total worth. Institutional investors as a whole own 9.83% of MIND Technology’s stock.

MIND Technology, Inc., based in San Diego, California, provides technology solutions to various industries such as oceanographic, hydrographic, defense, seismic, and maritime security sectors through two segments: Seamap Marine Products and Klein Marine Products

Samantha Reynolds

As a content writer at newsabcc.com, I dive into the depths of information to craft engaging and informative pieces that captivate our audience. With a keen eye for detail and a love for storytelling, I strive to deliver content that not only informs but also inspires. Whether unraveling the latest trends or delving into complex topics, I am dedicated to bringing valuable insights to our readers. Join me on this journey as we explore the world through the power of words.

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