Cycurion (NASDAQ:CYCU) Announces Quarterly Earnings Results

Cycurion (NASDAQ:CYCU) released its quarterly earnings results on Tuesday. The company reported $1.36 earnings per share for the quarter, FiscalAI reports. The firm had revenue of $3.54 million during the quarter. Cycurion had a negative return on equity of 186.09% and a negative net margin of 112.73%.

Cycurion Price Performance

Shares of CYCU opened at $1.05 on Thursday. The company has a market cap of $4.40 million, a price-to-earnings ratio of -0.04 and a beta of 1.10. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.02. The company’s fifty day simple moving average is $1.68 and its 200 day simple moving average is $3.80. Cycurion has a 1-year low of $0.77 and a 1-year high of $21.22.

Wall Street Analyst Weigh In

Several brokerages recently commented on CYCU. Zacks Research upgraded shares of Cycurion to a “hold” rating in a report on Monday, January 26th. Weiss Ratings reissued a “sell (e+)” rating on shares of Cycurion in a research report on Monday, December 29th. Finally, Litchfield Hills Research began coverage on shares of Cycurion in a research note on Friday, January 23rd. They set a “buy” rating and a $7.00 price objective for the company. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $7.00.

About Cycurion

Cycurion is a global leading provider of Network Communications and Information Technology Security Solutions. Our mission is to develop and deliver world-class, cutting-edge solutions for our clients, regardless of size or complication, expressly optimizing your IT environment to meet the business need and to keep projects on track and on budget.