MYnd Analytics Inc (MYND) Director John Pappajohn Purchases 100,000 Shares

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MYnd Analytics Inc (NASDAQ:MYND) Director John Pappajohn purchased 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were acquired at an average cost of $1.68 per share, with a total value of $168,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

NASDAQ:MYND traded down $0.03 during trading hours on Friday, reaching $1.57. The stock had a trading volume of 74,645 shares, compared to its average volume of 260,189. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 1.13. MYnd Analytics Inc has a 12-month low of $0.62 and a 12-month high of $4.08.

MYnd Analytics (NASDAQ:MYND) last released its earnings results on Tuesday, December 11th. The company reported ($0.20) earnings per share (EPS) for the quarter. MYnd Analytics had a negative return on equity of 430.80% and a negative net margin of 589.07%. The firm had revenue of $0.34 million during the quarter.

Separately, Maxim Group reissued a “buy” rating and issued a $5.00 target price on shares of MYnd Analytics in a research report on Thursday, December 13th.

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About MYnd Analytics

MYnd Analytics, Inc operates as a predictive analytics company that has developed a decision support tool to help physicians reduce trial and error treatment in mental health and provide more personalized care to patients. It provides objective clinical decision support to mental healthcare providers for the personalized treatment of behavioural disorders, includes depression, anxiety, bipolar disorder, post-traumatic stress disorder, and other non-psychotic disorders.

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