CYS Investments Lowered to Underperform at Zacks (CYS)
CYS Investments (NYSE:CYS) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued to clients and investors on Tuesday, AnalystRatingsNetwork reports. They currently have a $8.00 target price on the stock. Zacks‘ price objective would indicate a potential downside of 4.53% from the stock’s previous close.
CYS Investments (NYSE:CYS) traded up 0.30% during mid-day trading on Tuesday, hitting $8.405. 3,479,252 shares of the company’s stock traded hands. CYS Investments has a 52 week low of $6.74 and a 52 week high of $12.50. The stock has a 50-day moving average of $7.78 and a 200-day moving average of $7.93. The company’s market cap is $1.403 billion.
CYS Investments (NYSE:CYS) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.07. During the same quarter in the prior year, the company posted $0.39 earnings per share.
CYS Investments, Inc is a specialty finance company created with the objective of achieving consistent risk-adjusted investment income.
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