Somewhat Positive News Coverage Somewhat Unlikely to Impact Mitcham Industries (NASDAQ:MIND) Share Price

Media headlines about Mitcham Industries (NASDAQ:MIND) have trended somewhat positive on Sunday, Accern reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mitcham Industries earned a news impact score of 0.03 on Accern’s scale. Accern also assigned news articles about the company an impact score of 47.1557323738416 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Mitcham Industries (NASDAQ MIND) opened at $3.87 on Friday. Mitcham Industries has a 52-week low of $2.82 and a 52-week high of $4.13.

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

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Mitcham Industries Company Profile

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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