Wall Street Zen Upgrades Intrusion (NASDAQ:INTZ) to Hold

Intrusion (NASDAQ:INTZ) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

Other equities analysts have also recently issued reports about the stock. HC Wainwright restated a “neutral” rating and set a $2.00 price objective on shares of Intrusion in a research report on Thursday, November 13th. Weiss Ratings reissued a “sell (e+)” rating on shares of Intrusion in a research note on Monday, December 29th. Finally, Ascendiant Capital Markets upped their price target on shares of Intrusion from $12.00 to $12.50 and gave the stock a “buy” rating in a research report on Monday, December 8th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $7.25.

Intrusion Stock Down 0.4%

Shares of INTZ opened at $1.24 on Friday. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.01. Intrusion has a 12 month low of $0.71 and a 12 month high of $3.55. The stock’s 50 day moving average is $1.39 and its two-hundred day moving average is $1.72. The firm has a market cap of $24.82 million, a P/E ratio of -1.84 and a beta of -2.01.

Intrusion (NASDAQ:INTZ) last announced its earnings results on Wednesday, November 12th. The company reported ($0.10) earnings per share for the quarter, hitting the consensus estimate of ($0.10). Intrusion had a negative return on equity of 87.92% and a negative net margin of 112.36%.The business had revenue of $1.97 million during the quarter, compared to the consensus estimate of $1.91 million. Analysts predict that Intrusion will post -1.63 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Intrusion

Several hedge funds and other institutional investors have recently modified their holdings of INTZ. Geode Capital Management LLC increased its holdings in shares of Intrusion by 18.8% in the second quarter. Geode Capital Management LLC now owns 163,584 shares of the company’s stock valued at $375,000 after purchasing an additional 25,894 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in Intrusion in the 3rd quarter valued at $91,000. FNY Investment Advisers LLC purchased a new stake in Intrusion in the 2nd quarter valued at $96,000. Tritonpoint Wealth LLC acquired a new stake in shares of Intrusion in the 2nd quarter worth $80,000. Finally, XTX Topco Ltd acquired a new stake in shares of Intrusion in the 2nd quarter worth $55,000. 19.43% of the stock is owned by hedge funds and other institutional investors.

Intrusion Company Profile

Intrusion Inc, a cybersecurity company in the United States. The company offers its customers access to threat intelligence database, which contains the historical data, known associations, and reputational behavior of Internet Protocol addresses. It offers INTRUSION Shield, a zero trust reputation-based Software as a Service solution that inspects and kills dangerous network connections. The company also provides INTRUSION TraceCop, a big data tool that contains an inventory of network selectors and enrichments to support forensic investigations; and INTRUSION Savant, a network monitoring solution that uses the data available in TraceCop to identify suspicious traffic in real-time.