Fmr LLC Invests $375,000 in MIND C.T.I. Ltd. (MNDO)
Fmr LLC acquired a new stake in MIND C.T.I. Ltd. (NASDAQ:MNDO) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 150,171 shares of the information technology services provider’s stock, valued at approximately $375,000. Fmr LLC owned 0.78% of MIND C.T.I. as of its most recent filing with the Securities and Exchange Commission.
Separately, Algert Global LLC boosted its stake in shares of MIND C.T.I. by 4.9% in the 2nd quarter. Algert Global LLC now owns 239,541 shares of the information technology services provider’s stock valued at $601,000 after buying an additional 11,280 shares during the period. Institutional investors and hedge funds own 17.91% of the company’s stock.
MIND C.T.I. Ltd. (NASDAQ:MNDO) opened at $2.68 on Friday. The stock has a market capitalization of $51.75, a PE ratio of 12.77 and a beta of 0.99. MIND C.T.I. Ltd. has a 52 week low of $2.25 and a 52 week high of $2.94.
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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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