Mitcham Industries (MIND) Receiving Positive Media Coverage, Accern Reports
Media coverage about Mitcham Industries (NASDAQ:MIND) has been trending positive on Wednesday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Mitcham Industries earned a media sentiment score of 0.29 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.4851904474984 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Mitcham Industries (NASDAQ MIND) traded up 3.50% during midday trading on Wednesday, reaching $3.25. 66,513 shares of the company’s stock traded hands. Mitcham Industries has a one year low of $2.82 and a one year high of $5.14. The stock’s 50-day moving average price is $3.42 and its 200 day moving average price is $3.82. The firm’s market capitalization is $39.26 million.
Mitcham Industries (NASDAQ:MIND) last announced its quarterly earnings data on Thursday, September 7th. The company reported ($0.46) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.44) by ($0.02). Mitcham Industries had a negative net margin of 50.55% and a negative return on equity of 34.20%. The company had revenue of $10.84 million for the quarter. On average, equities research analysts expect that Mitcham Industries will post ($1.25) earnings per share for the current fiscal year.
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About Mitcham Industries
Mitcham Industries, Inc is a provider of equipment to the geophysical, oceanographic and hydrographic industries. The Company operates through two segments. The Equipment Leasing segment is primarily engaged in the leasing of seismic equipment to companies in the oil and gas industry across the world.
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