Wednesday, January 11, 2012 6:50:02 PM
By Market News Video Staff, Wednesday, January 11, 4:55 PM ET
In trading on Wednesday, shares of Mitek Systems, Inc. (NASDAQ:MITK) crossed above their 200 day moving average of $8.09, changing hands as high as $8.11 per share. Mitek Systems, Inc. shares are currently trading up about 10.1% on the day. The chart below shows the one year performance of MITK shares, versus its 200 day moving average:
Looking at the chart above, MITK's low point in its 52 week range is $3.31 per share, with $13.11 as the 52 week high point — that compares with a last trade of $8.08.
MITK operates in the Application Software sector, among companies like Quest Software Inc (NASDAQ:QSFT) which is up about 0.8% today, and Aspen Technology Inc (NASDAQ:AZPN) trading relatively unchanged. Below is a three month price history chart comparing the stock performance of MITK, versus QSFT and AZPN.
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Source: http://www.marketnewsvideo.com/article/201201/bullish-two-hundred-day-moving-average-cross-mitk-mitk-qsft-azpn-MITK01112012.htm
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