Advertisement
UK markets close in 40 minutes

  • FTSE 100

    8,359.16
    +45.49 (+0.55%)
     

  • FTSE 250

    20,445.80
    +32.72 (+0.16%)
     

  • AIM

    778.62
    +2.20 (+0.28%)
     

  • GBP/EUR

    1.1620
    -0.0004 (-0.03%)
     

  • GBP/USD

    1.2491
    -0.0018 (-0.15%)
     

  • Bitcoin GBP

    50,255.35
    -575.20 (-1.13%)
     

  • CMC Crypto 200

    1,326.73
    +32.06 (+2.47%)
     

  • S&P 500

    5,189.62
    +1.92 (+0.04%)
     

  • DOW

    38,954.21
    +69.95 (+0.18%)
     

  • CRUDE OIL

    78.45
    +0.07 (+0.09%)
     

  • GOLD FUTURES

    2,324.10
    -0.10 (-0.00%)
     

  • NIKKEI 225

    38,202.37
    -632.73 (-1.63%)
     

  • HANG SENG

    18,313.86
    -165.51 (-0.90%)
     

  • DAX

    18,487.10
    +57.05 (+0.31%)
     

  • CAC 40

    8,149.69
    +74.01 (+0.92%)
     
Money:

How to make a tax-free income

Tips for making money that won't be taxed

Can The Uptrend Continue for Mitek Systems (MITK)?

Zacks Equity Research
Updated

Investors certainly have to be happy with Mitek Systems, Inc. MITK and its short term performance. After all, the stock has jumped by 31.2% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend, but investors are probably asking themselves, can this positive trend continue for MITK?

While we can never know for sure, it is pretty encouraging that estimates for MITK have moved higher in the past few weeks, meaning that analyst sentiment is moving in the right way. Plus, the stock actually has a Zacks Rank #2 (Buy), so the recent move higher for this spotlighted company may definitely continue over the next few weeks.You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

 

The Best & Worst of Zacks

Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 ""Strong Buys"" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +25% per year. Plus, you may download 220 Zacks Rank #5 ""Strong Sells."" Even though this list holds many stocks that seem to be solid, it has historically performed 6X worse than the market.  See these critical buys and sells free >>   


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Mitek Systems, Inc. (MITK): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research