MITCHAM INDUSTR/SH (NASDAQ:MIND) Director Peter H. Blum purchased 10,000 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was acquired at an average price of $1.73 per share, for a total transaction of $17,300.00. Following the completion of the transaction, the director now owns 531,528 shares of the company’s stock, valued at approximately $919,543.44. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of MITCHAM INDUSTR/SH stock opened at $1.65 on Wednesday. The company has a current ratio of 3.39, a quick ratio of 1.78 and a debt-to-equity ratio of 0.05. The company’s 50-day moving average price is $1.54 and its two-hundred day moving average price is $1.96. MITCHAM INDUSTR/SH has a 52 week low of $0.70 and a 52 week high of $4.42. The stock has a market cap of $19.49 million, a PE ratio of -1.14 and a beta of 1.85.
MITCHAM INDUSTR/SH (NASDAQ:MIND) last issued its quarterly earnings results on Tuesday, April 21st. The company reported ($0.29) EPS for the quarter. MITCHAM INDUSTR/SH had a negative return on equity of 46.46% and a negative net margin of 38.60%. The business had revenue of $13.26 million during the quarter.
MITCHAM INDUSTR/SH Company Profile
Mitcham Industries, Inc, through its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic and maritime security industries worldwide. The company operates in two segments, Marine Technology Products, and Equipment Leasing. The Marine Technology Products segment develops, manufactures, and sells proprietary products.
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