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Mitcham Industries, Inc., through its subsidiaries, leases, sells, and services geophysical and other equipment to the seismic industry worldwide. The company operates in two segments, Equipment Leasing and Seamap.View MIND key stats
Mitcham Industries Inc - MIND - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Mitcham Industries Inc as a
Sell with a ratings score of D.
Report Snippet: We rate MITCHAM INDUSTRIES INC (MIND) a SELL. This is driven by some concerns, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.