Mitcham Industries (MIND) Receiving Somewhat Positive Media Coverage, Study Finds
News stories about Mitcham Industries (NASDAQ:MIND) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mitcham Industries earned a news sentiment score of 0.04 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.8544231096453 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Mitcham Industries (MIND) traded down $0.01 during trading hours on Wednesday, reaching $3.77. 31,000 shares of the company were exchanged, compared to its average volume of 12,963. Mitcham Industries has a 1 year low of $2.82 and a 1 year high of $3.97.
Mitcham Industries (NASDAQ:MIND) last announced its quarterly earnings data on Wednesday, December 6th. The company reported ($0.46) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.31) by ($0.15). The firm had revenue of $8.64 million during the quarter. Mitcham Industries had a negative net margin of 45.90% and a negative return on equity of 34.04%.
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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