News headlines about Mitcham Industries (NASDAQ:MIND) have trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded 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 0.04 on Accern’s scale. Accern also assigned news articles about the company an impact score of 47.592651144893 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.

Mitcham Industries (MIND) traded down $0.16 during trading hours on Friday, hitting $3.60. 9,200 shares of the stock traded hands, compared to its average volume of 31,692. The company has a market capitalization of $45.46, a P/E ratio of -1.81 and a beta of 1.38. Mitcham Industries has a one year low of $2.82 and a one year high of $4.13.

Mitcham Industries (NASDAQ:MIND) last posted its earnings results on Wednesday, December 6th. The company reported ($0.46) EPS for the quarter, missing the consensus estimate of ($0.31) by ($0.15). The business had revenue of $8.64 million for the quarter. Mitcham Industries had a negative return on equity of 34.04% and a negative net margin of 45.90%.

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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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