Cycurion, Inc. (NASDAQ:CYCU) Short Interest Up 155.9% in June

Cycurion, Inc. (NASDAQ:CYCU) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 320,620 shares, an increase of 155.9% from the May 31st total of 125,283 shares. Currently, 3.3% of the company’s stock are short sold. Based on an average trading volume of 609,166 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Wall Street Zen raised Cycurion from a “strong sell” rating to a “hold” rating in a research report on Saturday, May 23rd. Weiss Ratings downgraded Cycurion from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $7.00.

Cycurion Stock Up 0.8%

CYCU opened at $0.66 on Monday. Cycurion has a one year low of $0.55 and a one year high of $15.88. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.31 and a current ratio of 0.31. The stock has a market capitalization of $7.02 million, a P/E ratio of -0.09 and a beta of 0.99. The business’s 50-day simple moving average is $0.86 and its 200-day simple moving average is $1.65.

Cycurion (NASDAQ:CYCU) last announced its earnings results on Thursday, May 14th. The company reported ($0.47) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.83) by $0.36. The firm had revenue of $3.27 million during the quarter. Cycurion had a negative return on equity of 123.25% and a negative net margin of 108.49%. Analysts anticipate that Cycurion will post -2.34 EPS for the current year.

Cycurion Company Profile

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.