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Mitek Systems (MITK) Catches Eye: Stock Jumps 6.6%

Zacks Equity Research

Mitek Systems, Inc. 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

Mitek Systems, Inc. Price | Mitek Systems, Inc. Quote

Investors interested in the Computer and Technology sector may consider Ciena Corporation 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

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