MIND C.T.I. Ltd. (NASDAQ:MNDO)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.09 and traded as high as $2.09. MIND C.T.I. shares last traded at $2.05, with a volume of 26,198 shares traded.
The company has a fifty day moving average of $2.06 and a 200-day moving average of $2.09. The firm has a market cap of $40.79 million, a P/E ratio of 8.54 and a beta of 0.55. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.90 and a quick ratio of 1.90.
MIND C.T.I. (NASDAQ:MNDO) last announced its quarterly earnings results on Thursday, May 14th. The information technology services provider reported $0.06 earnings per share (EPS) for the quarter. MIND C.T.I. had a return on equity of 23.47% and a net margin of 18.92%. The business had revenue of $6.01 million during the quarter.
A number of large investors have recently made changes to their positions in MNDO. HighPoint Advisor Group LLC bought a new position in MIND C.T.I. in the 1st quarter valued at $27,000. Renaissance Technologies LLC grew its stake in MIND C.T.I. by 23.1% in the 4th quarter. Renaissance Technologies LLC now owns 101,932 shares of the information technology services provider’s stock valued at $246,000 after purchasing an additional 19,115 shares during the period. Invesco Ltd. grew its stake in MIND C.T.I. by 1.4% in the 1st quarter. Invesco Ltd. now owns 1,216,450 shares of the information technology services provider’s stock valued at $2,117,000 after purchasing an additional 16,450 shares during the period. Finally, Morgan Stanley grew its stake in MIND C.T.I. by 5.7% in the 1st quarter. Morgan Stanley now owns 1,220,218 shares of the information technology services provider’s stock valued at $2,123,000 after purchasing an additional 65,444 shares during the period. Hedge funds and other institutional investors own 15.03% of the company’s stock.
MIND C.T.I. Company Profile (NASDAQ:MNDO)
MIND C.T.I. Ltd., together with its subsidiaries, designs, develops, markets, supports, implements, and operates real-time and off-line convergent billing and customer care software solutions in the United States, the United Kingdom and Rest of Europe, Israel, and internationally. The company offers billing and customer care solution that supports various services, such as voice, data, and content services, as well as prepaid, postpaid, and pay-in-advance payment models in a single platform.
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