Mitcham Industries Inc. Sets New 1-Year Low at $13.75 (MIND)
Mitcham Industries (NASDAQ:MIND) set a new 52-week low on Wednesday, AnalystRatingsNetwork reports. The company traded as low as $13.75 and last traded at $13.79, with a volume of 34,656 shares. The stock had previously closed at $14.42.
Mitcham Industries has a one year low of $13.81 and a one year high of $18.41. The stock has a 50-day moving average of $16.61 and a 200-day moving average of $16.46. The company has a market cap of $176.2 million and a price-to-earnings ratio of 29.43.
Mitcham Industries (NASDAQ:MIND) last released its earnings data on Tuesday, December 10th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.13. The company had revenue of $20.30 million for the quarter, compared to the consensus estimate of $21.15 million. During the same quarter in the previous year, the company posted ($0.10) earnings per share. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. On average, analysts predict that Mitcham Industries will post $0.46 earnings per share for the current fiscal year.
Mitcham Industries, Inc (NASDAQ:MIND) leases and sells geophysical and other equipment used primarily by seismic data acquisition contractors to perform seismic data acquisition surveys on land, in transition zones (marsh and shallow water areas) and deep water marine areas.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.