11,104 Shares in MIND Technology, Inc. (NASDAQ:MIND) Bought by Virtu Financial LLC

Virtu Financial LLC purchased a new stake in MIND Technology, Inc. (NASDAQ:MIND) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 11,104 shares of the company’s stock, valued at approximately $43,000.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut MIND Technology from a “buy” rating to a “hold” rating in a research note on Wednesday.

MIND Technology Stock Performance

Shares of NASDAQ MIND opened at $7.60 on Friday. The firm’s 50-day simple moving average is $4.21 and its 200 day simple moving average is $4.21. The stock has a market cap of $10.69 million, a price-to-earnings ratio of 2.44 and a beta of 1.18. MIND Technology, Inc. has a fifty-two week low of $3.05 and a fifty-two week high of $8.18.

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.