Renaissance Technologies LLC Sells 48,142 Shares of MIND C.T.I. Ltd. (MNDO)
Renaissance Technologies LLC reduced its holdings in shares of MIND C.T.I. Ltd. (NASDAQ:MNDO) by 22.4% in the third quarter, HoldingsChannel.com reports. The fund owned 167,079 shares of the information technology services provider’s stock after selling 48,142 shares during the period. Renaissance Technologies LLC’s holdings in MIND C.T.I. were worth $388,000 as of its most recent SEC filing.
Shares of NASDAQ MNDO opened at $2.45 on Friday. MIND C.T.I. Ltd. has a 1 year low of $2.08 and a 1 year high of $2.82. The stock has a market cap of $47.36 million, a P/E ratio of 10.70 and a beta of 0.86.
MIND C.T.I. (NASDAQ:MNDO) last released its quarterly earnings data on Thursday, November 8th. The information technology services provider reported $0.07 earnings per share for the quarter. The business had revenue of $4.58 million during the quarter. MIND C.T.I. had a net margin of 29.27% and a return on equity of 24.37%.
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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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