Somewhat Favorable Media Coverage Somewhat Unlikely to Impact CYREN (NASDAQ:CYRN) Stock Price
Press coverage about CYREN (NASDAQ:CYRN) has been trending somewhat positive on Monday, Accern Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CYREN earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 46.1030772723832 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several equities research analysts recently issued reports on CYRN shares. ValuEngine cut shares of CYREN from a “hold” rating to a “sell” rating in a research report on Thursday, May 18th. TheStreet cut shares of CYREN from a “c-” rating to a “d” rating in a research report on Wednesday, May 17th.
Shares of CYREN (NASDAQ:CYRN) traded up 2.94% during midday trading on Monday, hitting $1.75. 13,982 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $1.88 and its 200 day moving average price is $2.02. The firm’s market cap is $68.56 million. CYREN has a one year low of $1.35 and a one year high of $2.60.
CYREN (NASDAQ:CYRN) last posted its quarterly earnings data on Tuesday, May 16th. The technology company reported ($0.06) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.05) by $0.01. CYREN had a negative net margin of 20.12% and a negative return on equity of 18.88%. The company had revenue of $7.96 million for the quarter, compared to analyst estimates of $8.15 million. During the same period in the prior year, the company earned ($0.05) EPS. The company’s revenue was up 7.6% compared to the same quarter last year. Equities research analysts forecast that CYREN will post ($0.19) EPS for the current year.
COPYRIGHT VIOLATION WARNING: This news story was originally published by Watch List News and is the sole property of of Watch List News. If you are accessing this news story on another site, it was stolen and republished in violation of United States and international copyright law. The original version of this news story can be read at https://www.watchlistnews.com/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-cyren-nasdaqcyrn-stock-price/1487223.html.
CYREN Company Profile
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.
Receive News & Ratings for CYREN Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CYREN Ltd. and related companies with Analyst Ratings Network's FREE daily email newsletter.