Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Mitek Systems Inc’s current trading price is -30.25% away from its 52-week high, while its distance from the 52-week low is 38.10%. The stock’s price range over this period has fluctuated between $6.93 and $13.72. The company, operating within the financial sector, had a trading volume of approximately 0.29 million for the day, which was noticeably lower than the average daily share volume of 0.44 million over the last 3 months.
In terms of market performance, Mitek Systems Inc had a fairly uneven. The highest value for the stock in the past year was $13.72 on 07/26/24, and the lowest value was recorded at $6.93 on 04/09/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Mitek Systems Inc (MITK) has experienced a quarterly rise of 5.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 436.05M and boasts a workforce of 630 employees.
Analyzing Trading Volume and Moving Average Trends
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MITK stands at 0.70. Similarly, the long-term debt-to-equity ratio is also 0.02.
MITK Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -14.02%. However, over the past six months, we’ve seen a weaker performance of 9.00%. The price of MITK leaped by -2.35% over the last 30 days. And in the last five days, it has fallen by -5.25%.