Mitek Systems Inc. (MITK) Soars 2.09% on February 11

Equities Staff  |

Mitek Systems Inc. (MITK) had a good day on the market for Thursday February 11 as shares jumped 2.09% to close at $16.61. About 1.15 million shares traded hands on 7,974 trades for the day, compared with an average daily volume of n/a shares out of a total float of 42.69 million. After opening the trading day at $16.54, shares of Mitek Systems Inc. stayed within a range of $17.22 to $16.35.

With today's gains, Mitek Systems Inc. now has a market cap of $709.04 million. Shares of Mitek Systems Inc. have been trading within a range of $19.88 and $5.27 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Mitek Systems Inc offers mobile capture and identity verification software solutions for enterprises. The firm is a software development company in computer vision, artificial intelligence, and machine learning. It is serving more than 7,500 financial services organizations and leading marketplace and financial technology brands across the globe. Mitek's Mobile Deposit solution is used by consumers for mobile check deposit. The company's Mobile Verify verifies a user's identity online enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.

Mitek Systems Inc. is based out of San Diego, CA and has some 360 employees. Its CEO is Scipio Carnecchia.

For a complete fundamental analysis of Mitek Systems Inc., check out’s Stock Valuation Analysis report for MITK.

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Mitek Systems Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Mitek Systems Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: MITK’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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