Mitcham Industries (MIND) Lowered to “Strong Sell” at ValuEngine
ValuEngine cut shares of Mitcham Industries (NASDAQ:MIND) from a sell rating to a strong sell rating in a report released on Thursday.
Mitcham Industries (MIND) opened at $3.33 on Thursday. Mitcham Industries has a one year low of $2.82 and a one year high of $4.20.
Mitcham Industries (NASDAQ:MIND) last announced its quarterly earnings data on Wednesday, December 6th. The company reported ($0.46) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.31) by ($0.15). The company had revenue of $8.64 million for the quarter. Mitcham Industries had a negative net margin of 45.90% and a negative return on equity of 34.04%.
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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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