Mitek Systems Inc (NASDAQ: MITK) established initial surge of 3.31% at $14.66, before settling in for the price of $14.19 at the close. Taking a more long-term approach, MITK posted a 52-week range of $8.77-$14.99.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 22.23%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 7.52%. This publicly-traded company’s shares outstanding now amounts to $45.59 million, simultaneously with a float of $45.31 million. The organization now has a market capitalization sitting at $685.94 million. At the time of writing, stock’s 50-day Moving Average stood at $12.60, while the 200-day Moving Average is $11.64.
Mitek Systems Inc (MITK) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Mitek Systems Inc industry. Mitek Systems Inc’s current insider ownership accounts for 3.16%, in contrast to 76.86% institutional ownership. According to the most recent insider trade that took place on Dec 07 ’23, this organization’s Chief Executive Officer sold 56,113 shares at the rate of 10.86, making the entire transaction reach 609,387 in total value, affecting insider ownership by 500,795. Preceding that transaction, on Dec 07 ’23, Company’s General Manager sold 7,242 for 10.86, making the whole transaction’s value amount to 78,648. This particular insider is now the holder of 266,304 in total.
Mitek Systems Inc (MITK) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted $0.15 earnings per share (EPS) during the time that was better the consensus figure (set at $0.13) by $0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.
Mitek Systems Inc’s EPS increase for this current 12-month fiscal period is 7.52% and is forecasted to reach 1.19 in the upcoming year.
Mitek Systems Inc (NASDAQ: MITK) Trading Performance Indicators
Let’s observe the current performance indicators for Mitek Systems Inc (MITK). It’s Quick Ratio in the last reported quarter now stands at 3.69. The Stock has managed to achieve an average true range (ATR) of 0.51. Alongside those numbers, its PE Ratio stands at $83.34, and its Beta score is 1.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.98. Similarly, its price to free cash flow for trailing twelve months is now 22.45.
In the same vein, MITK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.18, a figure that is expected to reach 0.25 in the next quarter, and analysts are predicting that it will be 1.19 at the market close of one year from today.
Technical Analysis of Mitek Systems Inc (MITK)
Now, what If we examine the latest scores posted by [Mitek Systems Inc, MITK]. During the last 5-days, its volume was better the volume of 0.41 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 63.28% While, its Average True Range was 0.53.
Raw Stochastic average of Mitek Systems Inc (MITK) in the period of the previous 100 days is set at 92.55%, which indicates a major rise in contrast to 87.96% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 33.79% that was higher than 32.44% volatility it exhibited in the past 100-days period.
