MIND C.T.I. Ltd (NASDAQ:MNDO – Get Free Report) was the target of a large drop in short interest in August. As of August 15th, there was short interest totalling 2,900 shares, a drop of 37.0% from the July 31st total of 4,600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 25,500 shares, the days-to-cover ratio is currently 0.1 days.
MIND C.T.I. Stock Up 0.5 %
Shares of MNDO stock opened at $1.88 on Wednesday. The company has a market capitalization of $37.84 million, a P/E ratio of 7.52 and a beta of 0.78. MIND C.T.I. has a 12-month low of $1.70 and a 12-month high of $2.28. The firm has a 50-day moving average price of $1.88 and a 200 day moving average price of $1.93.
MIND C.T.I. (NASDAQ:MNDO – Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The information technology services provider reported $0.05 earnings per share for the quarter. The firm had revenue of $5.27 million during the quarter. MIND C.T.I. had a return on equity of 22.92% and a net margin of 23.55%.
Institutional Investors Weigh In On MIND C.T.I.
MIND C.T.I. Company Profile
MIND C.T.I. Ltd., together with its subsidiaries, develops, markets, sells, and implements billing and customer care software solutions for communication service providers in the Americas, Europe, Israel, the Asia Pacific, and Africa. It operates in two segments, Billing and Related Services, and Messaging.
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