CynergisTek (NYSEAMERICAN:CTEK) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday.

According to Zacks, “AUXILIO, Inc. provides Managed Print Services (MPS) for the health care industry. The Company provides management and monitoring of vital business and clinical processes in copy, print, fax and scan infrastructures. It operates as a vendor independent company and offers monitoring, management, and contract negotiation; change management and end-user training programs; utilization management; financial reporting; workflow efficiency management; information systems integration, connectivity, and image migration strategies; and strategy execution working with the customer to execute a long-term image management strategy. The Company sells and services automated office equipment, including digital and color copiers, printers, facsimile machines, scanners, and multi-function equipment. AUXILIO, Inc. is headquartered in Mission Viejo, California. “

Shares of CynergisTek (NYSEAMERICAN:CTEK) traded down $0.01 on Wednesday, hitting $4.04. 25,498 shares of the stock were exchanged, compared to its average volume of 68,877. CynergisTek has a fifty-two week low of $2.34 and a fifty-two week high of $6.72.

ILLEGAL ACTIVITY NOTICE: This piece of content was first posted by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of international trademark & copyright legislation. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/12/06/cynergistek-ctek-downgraded-to-sell-at-zacks-investment-research.html.

CynergisTek Company Profile

Cynergistek, Inc provides outsourced document management services and IT security consulting services primarily to the healthcare industry in the United States. It offers workflow solutions; and creates manageable, dependable print management programs by managing the back-office processes of hospital clients.

Get a free copy of the Zacks research report on CynergisTek (CTEK)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for CynergisTek Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CynergisTek Inc. and related companies with MarketBeat.com's FREE daily email newsletter.