Cycurion (NASDAQ:CYCU) Issues Earnings Results, Beats Expectations By $0.36 EPS

Cycurion (NASDAQ:CYCU) issued its quarterly earnings results on Thursday. The company reported ($0.47) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.83) by $0.36, Zacks reports. Cycurion had a negative return on equity of 196.57% and a negative net margin of 157.85%.The firm had revenue of $3.27 million for the quarter.

Cycurion Stock Performance

NASDAQ:CYCU traded down $0.02 during mid-day trading on Friday, hitting $0.89. 377,388 shares of the company’s stock traded hands, compared to its average volume of 1,204,736. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $4.90 million, a price-to-earnings ratio of -0.04 and a beta of 1.06. Cycurion has a 12 month low of $0.77 and a 12 month high of $15.88. The firm has a 50 day moving average of $1.17 and a two-hundred day moving average of $2.29.

Wall Street Analyst Weigh In

A number of analysts have issued reports on CYCU shares. Zacks Research raised Cycurion to a “hold” rating in a research note on Monday, January 26th. Weiss Ratings upgraded Cycurion from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, May 7th. Finally, Litchfield Hills Research began coverage on Cycurion in a report on Friday, January 23rd. They set a “buy” rating and a $7.00 target price for the company. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $7.00.

Cycurion Company Profile

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.