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Enter Symbol:
 
Mitcham Industries, Inc. (MIND) [hlAlert]

Rating:
Accumulate
MIND
down 71.97 %

Mitcham Industries, Inc. (MIND) rated Accumulate with price target $15 by Global Hunter Securities

Posted on: Monday,  May 19, 2014  12:00 AM ET by Global Hunter Securities

Global Hunter Securities rated Accumulate Mitcham Industries, Inc. (NASDAQ: MIND) on 05/19/2014. Previously Global Hunter Securities rated Buy Mitcham Industries, Inc. (NASDAQ: MIND)
on 04/07/2011., when the stock price was $15.13. Since then, Mitcham Industries, Inc. has lost 71.98% as of 09/23/2015's recent price of $4.24.
If you would have followed the previous Global Hunter Securities's recommendation on MIND, you would have lost 71.97% of your investment in 1630 days.

Mitcham Industries, Inc. (MII) is engaged directly and through its wholly owned subsidiaries in the leasing of seismic equipment to the oil and gas industry on a worldwide basis. The Company is also engaged in the sale of new and used seismic equipment and in the design, manufacture and sale of marine seismic equipment. Its operating subsidiaries are Mitcham Canada Ltd (MCL), Seismic Asia Pacific Pty Ltd. (SAP), Mitcham Seismic Eurasia LLC (MSE), Seamap (UK) Ltd (Seamap UK) and Seamap Pte. Ltd (Seamap Singapore). Seamap UK and Seamap Singapore are collectively referred to as Seamap. The Company operates in two segments: equipment leasing and equipment manufacturing. The Company 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 marine areas.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/19/2014 12:00 AM Buy
None
13.15 15.00
as of 10/17/2014
1 Week up  4.67 %
1 Month down  -8.27 %
3 Months down  -20.82 %
1 YTD down  -40.54 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/13/2011 10:25 AM Buy
None
18.71 25.00
6/8/2011 8:25 AM Buy
None
15.09 22.00
4/7/2011 8:25 AM Buy
None
15.13 18.00

(*) Stock Price at the time of the recommendation.
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