Cyren Ltd. (CYRN) Shares Gap Up to $2.44
Cyren Ltd. (NASDAQ:CYRN)’s share price gapped up before the market opened on Friday . The stock had previously closed at $2.43, but opened at $2.44. Cyren shares last traded at $2.52, with a volume of 62,357 shares traded.
The stock’s market cap is $97.80 million. The firm has a 50-day moving average price of $2.08 and a 200 day moving average price of $1.80.
Cyren (NASDAQ:CYRN) last issued its quarterly earnings results on Tuesday, May 17th. The company reported ($0.05) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.03) by $0.02. The firm had revenue of $7.40 million for the quarter, compared to the consensus estimate of $7.39 million. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.03) earnings per share. Equities analysts anticipate that Cyren Ltd. will post ($0.13) 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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