Northern Trust Corp Acquires 36,781 Shares of MIND C.T.I. Ltd (NASDAQ:MNDO)

Northern Trust Corp raised its holdings in MIND C.T.I. Ltd (NASDAQ:MNDO) by 91.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 77,009 shares of the information technology services provider’s stock after buying an additional 36,781 shares during the period. Northern Trust Corp owned about 0.38% of MIND C.T.I. worth $152,000 at the end of the most recent quarter.

MIND C.T.I. Stock Up 2.0%

NASDAQ:MNDO opened at $1.48 on Wednesday. The stock’s 50 day moving average price is $1.60 and its two-hundred day moving average price is $1.87. The firm has a market capitalization of $30.14 million, a price-to-earnings ratio of 6.73 and a beta of 0.80. MIND C.T.I. Ltd has a 12-month low of $1.34 and a 12-month high of $2.13.

MIND C.T.I. (NASDAQ:MNDO) last released its quarterly earnings data on Tuesday, May 6th. The information technology services provider reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $5.00 million for the quarter. MIND C.T.I. had a return on equity of 21.27% and a net margin of 22.08%.

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.