Mitek Systems Inc (NASDAQ: MITK) started the day on Thursday, with a price increase of 3.16% at $11.10, before settling in for the price of $10.76 at the close. Taking a more long-term approach, MITK posted a 52-week range of $7.35-$16.24.
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The Technology sector firm’s twelve-monthly sales growth has been 15.56% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is -8.51%. This publicly-traded company’s shares outstanding now amounts to $45.00 million, simultaneously with a float of $43.71 million. The organization now has a market capitalization sitting at $498.58 million. At the time of writing, stock’s 50-day Moving Average stood at $9.17, while the 200-day Moving Average is $10.86.
Mitek Systems Inc (MITK) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Application Industry. Mitek Systems Inc’s current insider ownership accounts for 2.68%, in contrast to 78.47% institutional ownership. According to the most recent insider trade that took place on Dec 11 ’24, this organization’s GC, Secretary & Admin Officer sold 6,222 shares at the rate of 9.07, making the entire transaction reach 56,434 in total value, affecting insider ownership by 164,342. Preceding that transaction, on Dec 03 ’24, Company’s SVP Identity sold 3,320 for 9.08, making the whole transaction’s value amount to 30,133. This particular insider is now the holder of 65,353 in total.
Mitek Systems Inc (MITK) Earnings and Revenue Records
Mitek Systems Inc’s EPS decrease for this current 12-month fiscal period is -8.51% and is forecasted to reach 1.14 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 4.39. The Stock has managed to achieve an average true range (ATR) of 0.49. Alongside those numbers, its PE Ratio stands at $160.17, and its Beta score is 1.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.90. Similarly, its price to free cash flow for trailing twelve months is now 16.48.
In the same vein, MITK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.07, a figure that is expected to reach 0.12 in the next quarter, and analysts are predicting that it will be 1.14 at the market close of one year from today.
Technical Analysis of Mitek Systems Inc (MITK)
If we take a close look at the recent performances of Mitek Systems Inc (NASDAQ: MITK), its last 5-days Average volume was 2.05 million that shows progress from its year to date volume of 0.57 million. During the previous 9 days, stock’s Stochastic %D was recorded 78.86% While, its Average True Range was 0.57.
Raw Stochastic average of Mitek Systems Inc (MITK) in the period of the previous 100 days is set at 59.52%, which indicates a major fall in contrast to 84.56% 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 70.87% that was higher than 64.95% volatility it exhibited in the past 100-days period.
