Mitek Systems (MITK) Looks Good: Stock Adds 8.8% in Session
Mitek Systems, Inc. MITK was a big mover last session, as the company saw its shares rise nearly 9% 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 27.3% in the past one-month time frame.
The company has seen two positive estimate revisions in the past month, while its Zacks Consensus Estimate for the current quarter has also moved higher in the same time frame, suggesting that more solid trading could be ahead for Mitek Systems. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Mitek Systems currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Mitek Systems, Inc. Price
Mitek Systems, Inc. price | Mitek Systems, Inc. Quote
Another stock worth considering in the Computer and Technology sector is Apple Inc. AAPL which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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