Mynd.ai (OTCMKTS:MYND) Stock Falls 2.2% – Here’s Why

Mynd.ai, Inc. (OTCMKTS:MYND – Get Free Report) shares traded down 2.2% during mid-day trading on Wednesday. The stock traded as low as C$0.26 and last traded at C$0.26. 11,603 shares changed hands during trading, a decline of 96% from the average daily volume of 260,744 shares. The stock had previously closed at C$0.27.

Mynd.ai Stock Down 1.1%

The firm has a fifty day simple moving average of C$0.37 and a 200 day simple moving average of C$0.37. The company has a quick ratio of 1.00, a current ratio of 1.22 and a debt-to-equity ratio of 0.73.

Mynd.ai Company Profile

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Mynd.ai, Inc is an education technology company that develops connected classroom solutions for schools, teachers and students. Its offerings include interactive displays, classroom collaboration tools, teaching software and related devices designed to support instruction, content delivery and student engagement.

The company’s principal brand is Promethean, which provides products such as ActivPanel interactive displays and ActivSoftware classroom applications. Its platform is intended to help educators create and deliver lessons, collaborate with students and integrate digital content into classroom instruction.

Mynd.ai serves education customers internationally through direct sales and channel partners, with products used in schools and other learning environments across multiple geographies.

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