Mitcham Industries, Inc. (MIND) Given Average Rating of “” by Analysts
Mitcham Industries, Inc. (NASDAQ:MIND) has received a consensus broker rating score of 0.00 () from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.
Zacks has also assigned Mitcham Industries an industry rank of 110 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised Mitcham Industries from a “sell” rating to a “hold” rating in a report on Tuesday, February 14th.
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Mitcham Industries (NASDAQ:MIND) opened at 4.71 on Tuesday. The firm has a 50-day moving average price of $4.75 and a 200 day moving average price of $3.89. Mitcham Industries has a 12 month low of $2.65 and a 12 month high of $5.14. The company’s market cap is $56.87 million.
A number of hedge funds have recently modified their holdings of the stock. GRT Capital Partners L.L.C. raised its stake in shares of Mitcham Industries by 161.4% in the fourth quarter. GRT Capital Partners L.L.C. now owns 61,676 shares of the company’s stock valued at $256,000 after buying an additional 38,083 shares during the last quarter. Renaissance Technologies LLC increased its position in Mitcham Industries by 6.8% in the fourth quarter. Renaissance Technologies LLC now owns 209,100 shares of the company’s stock valued at $868,000 after buying an additional 13,300 shares during the period. Finally, Divisar Capital Management LLC purchased a new position in Mitcham Industries during the fourth quarter valued at $2,233,000. 60.55% of the stock is currently owned by institutional investors.
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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