NEW YORK ( TheStreet) -- Mitek Systems (Nasdaq: MITK) hit a new 52-week low Tuesday as it is currently trading at $2.50, below its previous 52-week low of $2.52 with 185,448 shares traded as of 9:54 a.m. ET. Average volume has been 1.2 million shares over the past 30 days. Mitek Systems has a market cap of $69.1 million and is part of the technology sector and computer software & services industry. Shares are down 61.4% year to date as of the close of trading on Monday. Mitek Systems, Inc. engages in the development, sale, and service of software solutions related to mobile imaging solutions and intelligent character recognition software.