Algert Global LLC boosted its stake in shares of MIND C.T.I. Ltd. (NASDAQ:MNDO) by 4.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 239,541 shares of the information technology services provider’s stock after buying an additional 11,280 shares during the period. Algert Global LLC’s holdings in MIND C.T.I. were worth $601,000 as of its most recent SEC filing.

MIND C.T.I. Ltd. (NASDAQ MNDO) opened at 2.45 on Friday. The firm has a market cap of $47.27 million, a price-to-earnings ratio of 9.84 and a beta of 0.96. MIND C.T.I. Ltd. has a 1-year low of $2.12 and a 1-year high of $2.94. The firm has a 50-day moving average price of $2.48 and a 200 day moving average price of $2.51.

MIND C.T.I. (NASDAQ:MNDO) last issued its quarterly earnings data on Thursday, July 27th. The information technology services provider reported $0.05 earnings per share for the quarter. The business had revenue of $4.56 million for the quarter. MIND C.T.I. had a return on equity of 20.56% and a net margin of 26.37%.

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About MIND C.T.I.

Mind C.T.I. Ltd. develops, manufactures, markets and implements real-time and off-line convergent billing and customer care software solutions. The Company offers its solutions for various types of communication providers, including traditional wireline and wireless, voice over Internet Protocol (VoIP), and broadband IP network operators, long-term evolution (LTE) operators, cable operators and mobile virtual network operators (MVNOs).

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