Mynd.ai (OTCMKTS:MYND) Shares Up 1.2% – Still a Buy?

Mynd.ai, Inc. (OTCMKTS:MYND) shares were up 1.2% during trading on Tuesday . The stock traded as high as C$1.20 and last traded at C$1.08. Approximately 50,025 shares changed hands during trading, an increase of 14% from the average daily volume of 44,042 shares. The stock had previously closed at C$1.07.

Mynd.ai Trading Up 1.2 %

The firm has a 50 day simple moving average of C$1.49 and a 200 day simple moving average of C$1.54. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.00 and a current ratio of 1.22.

Hedge Funds Weigh In On Mynd.ai

An institutional investor recently bought a new position in Mynd.ai stock. Two Sigma Securities LLC purchased a new stake in shares of Mynd.ai, Inc. (OTCMKTS:MYND) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 15,725 shares of the company’s stock, valued at approximately $31,000. Institutional investors own 64.60% of the company’s stock.

About Mynd.ai

Mynd.ai, Inc operates in interactive technology offering hardware and software solutions. The company's solutions help organizations create and deliver dynamic content; simplify and streamline teaching, learning, and communication; and facilitate real-time collaboration. Its interactive displays and software are available in approximately 1 million learning and training spaces across 126 countries.