MIND Technology, Inc.
MINDTechnologyNASDAQScientific & Technical Instruments
Scan Results
Daily timeframeMIND Technology, Inc., together with its subsidiaries, designs, manufactures, and sells products for the oceanographic, hydrographic, and marine seismic industries in the United States, China,. The $37.4M market capitalization puts MIND squarely in micro-cap range for its industry. The company offers GunLink seismic source acquisitions and control systems for operators of marine seismic surveys; BuoyLink RGNSS positioning system for positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources; and SeaLink towed seismic streamer system.
Market Cap
$37.4M
Beta
0.33
P/E (TTM)
—
P/E (Fwd)
7.34
EPS (TTM)
$-0.26
EPS (Fwd)
$0.56
ROE
-6.8%
ROA
-1.4%
Cash
$15.8M
Total Debt
$839,000
Free CF
-$1.9M
52W Change
-63.9%
Annual Financials
Cash vs Debt
Where MIND stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, MIND finished 26.35% below its 150-day moving average ($5.73) and 34.98% below its 200-day moving average ($6.49). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is MIND overbought or oversold?
At the October 20, 2026 close, MIND's RSI(14) was 46.4, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The balance sheet looks solid with $15.8M in cash comfortably exceeding the $839K debt load. A net cash position generally provides financial flexibility during uncertain economic periods. The company is burning cash, with free cash flow at -$1.9M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -6.8% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $25.0M (2023) to $40.9M (2026), reflecting a 64% increase over the period.
MIND's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. With cash comfortably exceeding debt, MIND has financial flexibility that may help navigate uncertain periods. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence MIND Technology, Inc.'s trajectory.