Belpointe Asset Management LLC decreased its position in shares of Cyren Ltd. (NASDAQ:CYRN – Get Rating) by 94.9% during the first quarter, HoldingsChannel reports. The firm owned 32,200 shares of the technology company’s stock after selling 603,800 shares during the period. Belpointe Asset Management LLC’s holdings in Cyren were worth $163,000 at the end of the most recent reporting period.
Cyren Trading Down 1.5 %
CYRN opened at $1.95 on Friday. The stock has a market capitalization of $10.40 million, a P/E ratio of -0.34 and a beta of 0.43. The business has a 50-day moving average of $2.01. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.31 and a current ratio of 1.31. Cyren Ltd. has a 12 month low of $1.51 and a 12 month high of $19.00.
Cyren (NASDAQ:CYRN – Get Rating) last released its quarterly earnings data on Monday, May 16th. The technology company reported ($1.16) EPS for the quarter. The company had revenue of $7.26 million during the quarter. Cyren had a negative return on equity of 125.40% and a negative net margin of 85.30%.
Analyst Ratings Changes
Separately, StockNews.com upgraded Cyren from a “sell” rating to a “hold” rating in a research report on Tuesday, May 31st.
Cyren Company Profile
Cyren Ltd., together with its subsidiaries, provides cloud delivered Software-as-a-Service (SaaS) cybersecurity solutions that protect businesses, their employees, and customers against threats from email, files, and the web. It provides Cyren threat detection services, which include email security engine that offers anti-spam inbound and outbound, IP reputation, and virus outbreak detection services; malware detection engine that is used to protect email applications; Web security engine, which is used by customers to provide URL classification for web browser filtering and safe search capabilities; and threat analysis services to detect advanced cyber threats.
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