Mitek Systems Stock Price on May 15, 2024

MITK Stock  USD 7.65  0.13  1.67%   
If you're considering investing in Mitek Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mitek Systems stands at 7.65, as last reported on the 18th of April 2025, with the highest price reaching 7.84 and the lowest price hitting 7.65 during the day. Mitek Systems has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13 % return per unit of risk over the last 3 months. Mitek Systems exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mitek Systems' Standard Deviation of 2.92, mean deviation of 1.97, and Risk Adjusted Performance of (0.21) to check out the risk estimate we provide.
At this time, Mitek Systems' Stock Based Compensation To Revenue is quite stable compared to the past year. . At this time, Mitek Systems' Price To Sales Ratio is quite stable compared to the past year. Price Earnings Ratio is expected to rise to 148.70 this year, although the value of Price To Free Cash Flows Ratio will most likely fall to 11.41. Mitek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Price Book
1.7227
Enterprise Value Ebitda
13.4194
Price Sales
2.0415
Shares Float
44.4 M
Wall Street Target Price
13.1

Related Headline

Wag Group Headline on 15th of May 2024

Filed transaction by Wag Group Co Officer: Chief Operating Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Mitek Systems Valuation on May 15, 2024

It is possible to determine the worth of Mitek Systems on a given historical date. On May 15, 2024 Mitek was worth 13.99 at the beginning of the trading date compared to the closed value of 14.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mitek Systems stock. Still, in general, we apply an absolute valuation method to find Mitek Systems' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mitek Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mitek Systems' related companies.
 Open High Low Close Volume
  14.19    14.32    13.41    13.84    671,708  
05/15/2024
  13.99    14.18    13.80    14.18    577,879  
  13.80    14.04    13.67    13.86    883,656  
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Open Value

13.99
14.18
Closing Value
22.92
Upside

Mitek Systems Trading Date Momentum on May 15, 2024

On May 16 2024 Mitek Systems was traded for  13.86  at the closing time. The top price for the day was 14.04  and the lowest listed price was  13.67 . The trading volume for the day was 883.7 K. The trading history from May 16, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.26% . The trading delta at closing time against the current closing price is 9.38% .

Mitek Systems Fundamentals Correlations and Trends

By evaluating Mitek Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mitek Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mitek financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mitek Systems Stock history

Mitek Systems investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mitek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mitek Systems will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mitek Systems stock prices may prove useful in developing a viable investing in Mitek Systems
Last ReportedProjected for Next Year
Common Stock Shares Outstanding54.6 M57.3 M
Net Income Applicable To Common Shares9.7 M10.2 M

Mitek Systems Quarterly Net Working Capital

138.29 Million

Mitek Systems Stock Technical Analysis

Mitek Systems technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Mitek Systems technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mitek Systems trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mitek Systems Period Price Range

Low
April 18, 2025
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High

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Mitek Systems cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Mitek Systems April 18, 2025 Market Strength

Market strength indicators help investors to evaluate how Mitek Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mitek Systems shares will generate the highest return on investment. By undertsting and applying Mitek Systems stock market strength indicators, traders can identify Mitek Systems entry and exit signals to maximize returns

Mitek Systems Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mitek Systems' price direction in advance. Along with the technical and fundamental analysis of Mitek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mitek to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Mitek Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mitek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mitek Systems Stock. Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitek Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mitek Systems. If investors know Mitek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mitek Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
0.1
Revenue Per Share
3.725
Quarterly Revenue Growth
0.009
Return On Assets
0.0133
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mitek Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitek Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitek Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.