Cyren Ltd. (CYRN) Trading 3.4% Higher
Shares of Cyren Ltd. (NASDAQ:CYRN) traded up 3.4% on Thursday . The company traded as high as $2.47 and last traded at $2.44, with a volume of 54,101 shares. The stock had previously closed at $2.36.
The company’s market capitalization is $95.45 million. The firm has a 50 day moving average price of $2.04 and a 200-day moving average price of $1.79.
Cyren (NASDAQ:CYRN) last issued its quarterly earnings results on Tuesday, May 17th. The company reported ($0.05) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.03) by $0.02. During the same quarter in the prior year, the firm earned ($0.03) EPS. The company earned $7.40 million during the quarter, compared to the consensus estimate of $7.39 million. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. Equities research analysts forecast that Cyren Ltd. will post ($0.10) EPS for the current year.
CYREN Ltd. (CYREN) is engaged in developing and marketing information security solutions for protecting Web, e-mail and mobile transactions. The Company is a Security-as-a-Service provider of integrated cloud-based security technology solutions that mitigate cyber threats, malware attacks, information leaks, legal liability and productivity loss through the application of cyber intelligence.
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