MarketGrader currently has a BUY rating on MITCHAM INDUSTRIES INC (MIND), based on a final overall grade of 72.5 scored by the company's fundamental analysis. MITCHAM INDUSTRIES INC scores at the 96th percentile among all 5440 U.S. listed equities currently followed by MarketGrader. Our present rating dates to June 2, 2007, when it was upgraded from a HOLD. Relative to the Oil & Gas Equipment & Services sub-industry, which is comprised of 66 companies, MITCHAM INDUSTRIES INC's grade of 72.5 ranks 17th. The industry grade leader is GULFMARK OFFSHORE INC (GLF) with an overall grade of 85.8. The stock, up 37.5% in the last six months, has outperformed both the Oil & Gas Equipment & Services group, up 17.11% and the S&P 500 Index, which has returned 7.58% in the same period.
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