Intrusion (NASDAQ:INTZ) Trading Down 7.8% – Here’s Why

Intrusion Inc. (NASDAQ:INTZ) was down 7.8% on Thursday . The stock traded as low as $1.06 and last traded at $1.07. Approximately 149,323 shares traded hands during mid-day trading, an increase of 15% from the average daily volume of 130,363 shares. The stock had previously closed at $1.16.

Analysts Set New Price Targets

INTZ has been the subject of a number of recent research reports. Ascendiant Capital Markets boosted their price objective on Intrusion from $12.00 to $12.50 and gave the stock a “buy” rating in a report on Monday, December 8th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Intrusion in a research note on Monday, December 29th. HC Wainwright reaffirmed a “neutral” rating and issued a $2.00 price objective on shares of Intrusion in a research report on Thursday, November 13th. Finally, Wall Street Zen raised shares of Intrusion from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $7.25.

Intrusion Stock Performance

The company has a market cap of $21.51 million, a P/E ratio of -1.60 and a beta of -2.02. The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 0.01. The company’s 50-day moving average is $1.11 and its two-hundred day moving average is $1.44.

Hedge Funds Weigh In On Intrusion

Several institutional investors have recently bought and sold shares of the company. Millennium Management LLC purchased a new stake in Intrusion in the third quarter worth $34,000. XTX Topco Ltd purchased a new stake in Intrusion in the 2nd quarter worth about $55,000. Virtu Financial LLC purchased a new stake in Intrusion in the 4th quarter worth about $31,000. Jane Street Group LLC bought a new stake in Intrusion in the 4th quarter valued at about $51,000. Finally, GSA Capital Partners LLP bought a new stake in Intrusion in the 3rd quarter valued at about $91,000. Hedge funds and other institutional investors own 19.43% of the company’s stock.

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. The company also provides INTRUSION TraceCop, a big data tool that contains an inventory of network selectors and enrichments to support forensic investigations; and INTRUSION Savant, a network monitoring solution that uses the data available in TraceCop to identify suspicious traffic in real-time.