Cyren Ltd. (CYRN) Trading 3.8% Higher
Shares of Cyren Ltd. (NASDAQ:CYRN) traded up 3.8% during trading on Tuesday . The company traded as high as $2.27 and last traded at $2.18, with a volume of 70,932 shares traded. The stock had previously closed at $2.10.
The company has a 50 day moving average price of $1.93 and a 200 day moving average price of $1.73. The stock’s market capitalization is $84.89 million.
Cyren (NASDAQ:CYRN) last announced its earnings results on Tuesday, May 17th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by $0.02. The company earned $7.40 million during the quarter, compared to the consensus estimate of $7.39 million. The firm’s revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.03) earnings per share. Equities research analysts anticipate that Cyren Ltd. will post ($0.16) 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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