Cycurion (NASDAQ:CYCU – Get Free Report) announced its earnings results on Thursday. The company reported ($0.47) earnings per share for the quarter, beating the consensus estimate of ($0.83) by $0.36, Zacks reports. Cycurion had a negative return on equity of 196.57% and a negative net margin of 157.85%.The firm had revenue of $3.27 million during the quarter.
Cycurion Stock Performance
Shares of CYCU stock traded up $0.01 during mid-day trading on Thursday, reaching $0.91. The stock had a trading volume of 1,417,028 shares, compared to its average volume of 2,111,909. The firm’s 50 day simple moving average is $1.17 and its 200 day simple moving average is $2.29. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.02. Cycurion has a one year low of $0.77 and a one year high of $15.88. The firm has a market cap of $5.00 million, a PE ratio of -0.04 and a beta of 1.06.
Analyst Upgrades and Downgrades
CYCU has been the subject of several recent analyst reports. Zacks Research upgraded Cycurion to a “hold” rating in a research note on Monday, January 26th. Litchfield Hills Research assumed coverage on Cycurion in a research report on Friday, January 23rd. They issued a “buy” rating and a $7.00 price objective for the company. Finally, Weiss Ratings upgraded Cycurion from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Cycurion presently has a consensus rating of “Hold” and a consensus price target of $7.00.
About Cycurion
Cycurion is a global leading provider of Network Communications and Information Technology Security Solutions. Our mission is to develop and deliver world-class, cutting-edge solutions for our clients, regardless of size or complication, expressly optimizing your IT environment to meet the business need and to keep projects on track and on budget.
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