Mitcham Industries, Inc. (MIND) Might Be Poised For A Short Term Move

Mitcham Industries, Inc. (MIND) has seen some recent action in the stock market and its shares finished trading at $1.1500 yesterday. People are starting to take notice of MIND as the shares traded as high as $1.2500 and as low as $0.8379 in the last market trading day.

Mitcham Industries, Inc. (MIND) average trading volume is 78.37K. However, in the last market trading day Mitcham Industries, Inc. (MIND) exchanged 1,018,545 shares. The 1st support level on MIND is $0.93 and the 1st resistance level on MIND is $3.32. MIND 50day moving average is $0.9026 and MIND 200 day moving average is $2.0101.

Mitcham Industries, Inc. (MIND) most recent performance has been specified by the recent movement in MIND shares. MIND has performed 22.35% over the past 4 weeks, MIND has performed -56.77% over the past 90 days and MIND has shown -68.83% over the past 12 months. Mitcham Industries, Inc. (MIND) has a 12 month range of $0.7000 to $4.4200. Mitcham Industries, Inc. (MIND) is trading 64.29% from its 12 month low and -73.98% from its 12 month high.

MIND has 12.17M shares outstanding. Mitcham Industries, Inc. (MIND) presently has a market cap of $10.60M and income of $-13.30M. The EPS next quarter for MIND is -0.28. The market cap of Mitcham Industries, Inc. (MIND) at $10.60M signifies how many People own shares of MIND and is calculated off the last price ($1.1500) of MIND and the amount of shares outstanding (12.17M) with Mitcham Industries, Inc. (MIND).

Mitcham Industries, Inc. (MIND) has total cash (mrq) of 3.09M, total cash per share (mrq) of 0.25, total debt of MIND is at 2.3M and total debt/equity (mrq) is 4.83. Mitcham Industries, Inc. (MIND) running cash flow (ttm) is -5.82M and MIND leveraged free cash flow (ttm) is -646.12k.

MIND is trading 30.05% above (bullish) its SMA20, 17.92% above (bullish) its SMA50 and -51.71% below (bearish) its SMA200.