Mynd.ai (OTCMKTS:MYND) Stock Price Down 4.3% – What’s Next?

Mynd.ai, Inc. (OTCMKTS:MYND)’s stock price fell 4.3% on Wednesday . The stock traded as low as C$0.87 and last traded at C$0.87. 20,359 shares changed hands during trading, a decline of 45% from the average session volume of 37,224 shares. The stock had previously closed at C$0.91.

Mynd.ai Trading Down 4.3 %

The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.00 and a current ratio of 1.22. The stock’s fifty day simple moving average is C$1.16 and its 200-day simple moving average is C$1.45.

Hedge Funds Weigh In On Mynd.ai

A hedge fund recently bought a new stake in Mynd.ai stock. Two Sigma Securities LLC bought a new stake in shares of Mynd.ai, Inc. (OTCMKTS:MYND) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 15,725 shares of the company’s stock, valued at approximately $31,000. Hedge funds and other institutional investors own 64.60% of the company’s stock.

Mynd.ai Company Profile

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.