Intrusion (NASDAQ:INTZ) Cut to Sell at Wall Street Zen

Wall Street Zen downgraded shares of Intrusion (NASDAQ:INTZ) from a hold rating to a sell rating in a research note issued to investors on Saturday.

Other equities analysts have also recently issued reports about the stock. HC Wainwright reissued a “neutral” rating and issued a $2.00 target price on shares of Intrusion in a research note on Thursday, November 13th. Ascendiant Capital Markets increased their price target on shares of Intrusion from $12.00 to $12.50 and gave the company a “buy” rating in a research note on Monday, December 8th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Intrusion in a research report on Monday, December 8th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $7.25.

Intrusion Price Performance

Intrusion stock opened at $1.29 on Friday. The business’s fifty day moving average is $1.63 and its two-hundred day moving average is $1.83. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.11 and a current ratio of 3.11. Intrusion has a 52 week low of $0.35 and a 52 week high of $7.34. The firm has a market cap of $25.93 million, a P/E ratio of -1.93 and a beta of -1.91.

Intrusion (NASDAQ:INTZ) last released its quarterly earnings data on Wednesday, November 12th. The company reported ($0.10) EPS for the quarter, meeting analysts’ consensus estimates of ($0.10). Intrusion had a negative return on equity of 87.92% and a negative net margin of 112.36%.The business had revenue of $1.97 million during the quarter, compared to the consensus estimate of $1.91 million. Equities research analysts forecast that Intrusion will post -1.63 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Intrusion

Hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its stake in shares of Intrusion by 18.8% in the 2nd quarter. Geode Capital Management LLC now owns 163,584 shares of the company’s stock worth $375,000 after purchasing an additional 25,894 shares during the period. GSA Capital Partners LLP purchased a new stake in Intrusion during the third quarter valued at approximately $91,000. FNY Investment Advisers LLC bought a new position in Intrusion in the second quarter worth approximately $96,000. Tritonpoint Wealth LLC purchased a new position in shares of Intrusion during the 2nd quarter worth $80,000. Finally, XTX Topco Ltd purchased a new position in shares of Intrusion during the 2nd quarter worth $55,000. 19.43% of the stock is currently owned by hedge funds and other institutional investors.

Intrusion Company Profile

Intrusion Inc, a cybersecurity company in the United States. The company offers its customers access to threat intelligence database, which contains the historical data, known associations, and reputational behavior of Internet Protocol addresses. It offers INTRUSION Shield, a zero trust reputation-based Software as a Service solution that inspects and kills dangerous network connections.