Mitcham Industries (MIND) Getting Somewhat Positive Press Coverage, Analysis Shows

Media coverage about Mitcham Industries (NASDAQ:MIND) has been trending somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mitcham Industries earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.4507195552875 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Separately, ValuEngine cut shares of Mitcham Industries from a “sell” rating to a “strong sell” rating in a report on Thursday, February 8th.

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MIND stock traded down $0.13 during midday trading on Monday, reaching $3.21. 4,194 shares of the company’s stock traded hands, compared to its average volume of 19,836. Mitcham Industries has a 52 week low of $2.82 and a 52 week high of $4.20.

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Mitcham Industries Company Profile

Mitcham Industries, Inc, through its subsidiaries, leases, sells, and services equipment to the geophysical, oceanographic, hydrographic, and defense industries worldwide. The company operates in two segments, Equipment Leasing, and Equipment Manufacturing and Sales. The Equipment Leasing segment leases seismic equipment for short-term primarily to seismic data acquisition contractors and oil field service providers.

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