Somewhat Positive Media Coverage Somewhat Unlikely to Affect Mitcham Industries (MIND) Stock Price

Press coverage about Mitcham Industries (NASDAQ:MIND) has trended somewhat positive on Monday, according to Accern. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Mitcham Industries earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.4683946949499 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Shares of Mitcham Industries (NASDAQ:MIND) opened at $3.91 on Monday. Mitcham Industries has a 52-week low of $2.82 and a 52-week high of $3.97.

Mitcham Industries (NASDAQ:MIND) last released its quarterly earnings data on Thursday, September 7th. The company reported ($0.46) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate 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 business had revenue of $10.84 million during the quarter.

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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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