Mitek Systems, Inc. (NASDAQ:MITK) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 17.7% in the past one-month time frame.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Mitek Systems currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Mitek Systems, Inc. Price
Investors interested in the Computer and Technology sector may consider Ciena Corporation (NYSE:CIEN) , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is MITK going up? Or down? Predict to see what others think:Up or Down
Is Your Investment Advisor Fumbling Your Financial Future?
See how you can more effectively safeguard your retirement with a new Special Report, “4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.”
Ciena Corporation (CIEN): Free Stock Analysis Report
Mitek Systems, Inc. (MITK): Free Stock Analysis Report
Original post
Zacks Investment Research