Cyren (NASDAQ:CYRN) announced its earnings results on Wednesday. The technology company reported ($0.12) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by ($0.04), Morningstar.com reports. Cyren had a negative net margin of 34.47% and a negative return on equity of 38.38%.
Shares of Cyren (NASDAQ:CYRN) traded up $0.06 on Wednesday, reaching $2.14. 9,000 shares of the company’s stock traded hands, compared to its average volume of 18,758. The firm has a market capitalization of $103.71, a P/E ratio of -7.93 and a beta of 0.92. Cyren has a 52 week low of $1.35 and a 52 week high of $2.55. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24.
Separately, ValuEngine upgraded shares of Cyren from a “sell” rating to a “hold” rating in a research note on Wednesday, November 15th.
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Cyren Ltd 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.
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