Cyren Ltd. (CYRN) Trading 3.4% Higher
Cyren Ltd. (NASDAQ:CYRN)’s share price traded up 3.4% during trading on Thursday . The stock traded as high as $2.47 and last traded at $2.44, with a volume of 54,101 shares trading hands. The stock had previously closed at $2.36.
The company’s 50-day moving average is $2.08 and its 200 day moving average is $1.80. The firm’s market cap is $97.80 million.
Cyren (NASDAQ:CYRN) last announced its quarterly earnings data on Tuesday, May 17th. The company reported ($0.05) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.03) by $0.02. The firm earned $7.40 million during the quarter, compared to analyst estimates of $7.39 million. During the same period in the prior year, the company posted ($0.03) earnings per share. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. On average, equities research analysts expect that Cyren Ltd. will post ($0.13) earnings per share 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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