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Mitcham Industries, Inc. (MIND) [hlAlert]

Rating:
Buy MIND
up 10.12 %

Mitcham Industries, Inc. (MIND) rated Buy by Sidoti

Posted on: Wednesday,  Sep 23, 2015  10:25 AM ET by Sidoti

Sidoti rated Buy Mitcham Industries, Inc. (NASDAQ: MIND) on 09/23/2015, when the stock price was $3.85. Since
then, Mitcham Industries, Inc. has gained 10.13% as of 09/23/2015's recent price of $4.24.
If you would have followed this Sidoti's recommendation on MIND, you would have gained 10.12% of your investment in 0 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.

Sidoti
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/23/2015 10:25 AM Buy
None
3.85
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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