Shares of Cyren Ltd. (NASDAQ:CYRN – Get Rating) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $2.35. Cyren shares last traded at $2.17, with a volume of 11,915 shares traded.
Separately, StockNews.com raised shares of Cyren from a “sell” rating to a “hold” rating in a research note on Tuesday, May 31st.
The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.46. The stock has a 50 day moving average price of $2.20. The stock has a market capitalization of $11.57 million, a P/E ratio of -0.38 and a beta of 0.54.
Cyren (NASDAQ:CYRN – Get Rating) last announced its quarterly earnings results on Monday, May 16th. The technology company reported ($1.16) earnings per share for the quarter. Cyren had a negative net margin of 85.30% and a negative return on equity of 125.40%. The company had revenue of $7.26 million for the quarter.
Several institutional investors and hedge funds have recently made changes to their positions in CYRN. Virtu Financial LLC acquired a new stake in shares of Cyren during the first quarter valued at about $59,000. Goldman Sachs Group Inc. acquired a new stake in shares of Cyren during the second quarter valued at about $79,000. Finally, Jane Street Group LLC acquired a new stake in shares of Cyren during the first quarter valued at about $426,000.
About Cyren (NASDAQ:CYRN)
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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