Mitek Techniques (MITK) Features However Lags Market: What You Ought to Know

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Mitek Techniques (MITK) Features However Lags Market: What You Ought to Know

Mitek


Mitek Techniques (MITK) closed at $7.24 within the newest buying and selling session, marking a +1.69% transfer from the prior day. The inventory lagged the S&P 500’s day by day achieve of 9.28%. On the similar time, the Dow added 9.36%, and the tech-heavy Nasdaq gained 9.34%.

Coming into as we speak, shares of the cell imaging software program firm had misplaced 28.23% previously month. In that very same time, the Pc and Know-how sector misplaced 26.09%, whereas the S&P 500 misplaced 26.56%.

Wall Road will probably be on the lookout for positivity from MITK because it approaches its subsequent earnings report date. In that report, analysts count on MITK to submit earnings of $0.11 per share. This may mark year-over-year development of 57.14%. In the meantime, our newest consensus estimate is looking for income of $23.46 million, up 17.4% from the prior-year quarter.

MITK’s full-year Zacks Consensus Estimates are calling for earnings of $0.51 per share and income of $100.05 million. These outcomes would symbolize year-over-year modifications of +21.43% and +18.28%, respectively.



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