Cyren logo

Cyren (NASDAQ:CYRN) released its quarterly earnings data on Wednesday, November 13th. The technology company reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.01, Fidelity Earnings reports. Cyren had a negative return on equity of 68.95% and a negative net margin of 47.56%. The company had revenue of $9.50 million for the quarter, compared to the consensus estimate of $9.80 million.

Shares of Cyren stock opened at $1.35 on Friday. The stock has a market capitalization of $80.25 million, a P/E ratio of -4.36 and a beta of 0.29. Cyren has a 12-month low of $1.30 and a 12-month high of $3.00. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.49. The company has a 50-day simple moving average of $1.56 and a 200 day simple moving average of $1.63.

Several equities analysts recently commented on CYRN shares. B. Riley restated a “buy” rating and set a $3.00 target price on shares of Cyren in a research report on Friday, September 13th. ValuEngine upgraded Cyren from a “hold” rating to a “buy” rating in a research report on Wednesday, September 4th. Finally, Zacks Investment Research upgraded Cyren from a “hold” rating to a “buy” rating and set a $1.75 price objective for the company in a research note on Tuesday, November 19th.

About Cyren

CYREN Ltd., together with its subsidiaries, provides information security solutions for protecting Web, email, and mobile transactions worldwide. The company operates Cyren Cloud Security, a SaaS security platform, which provides Internet security services, including Web Security that provides the enforcement of Web policy and state-of-the-art threat protection for business users; DNS Security, which allows businesses to protect employees at headquarters, visitors in remote offices, customers at retail stores, or students on a campus; Email Security, a cloud-based secure email gateway; and Cloud Sandboxing that protects businesses against breaches and data loss from threats.

Recommended Story: What is a Real Estate Investment Trust (REIT)?

Earnings History for Cyren (NASDAQ:CYRN)

(Excerpt) Read more Here | 2019-12-08 06:43:43
Image credit: source


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.