Cycurion (NASDAQ:CYCU) Stock Price Down 4% – What’s Next?

Cycurion, Inc. (NASDAQ:CYCU)’s share price traded down 4% on Thursday . The company traded as low as $0.55 and last traded at $0.5879. 640,338 shares changed hands during trading, a decline of 46% from the average daily volume of 1,193,727 shares. The stock had previously closed at $0.6127.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CYCU. Weiss Ratings upgraded Cycurion from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 11th. Wall Street Zen raised Cycurion from a “strong sell” rating to a “hold” rating in a research note on Saturday, May 23rd. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $7.00.

Cycurion Price Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 0.31 and a quick ratio of 0.31. The company’s 50 day simple moving average is $0.87 and its 200 day simple moving average is $1.68. The company has a market capitalization of $6.30 million, a PE ratio of -0.08 and a beta of 0.99.

Cycurion (NASDAQ:CYCU) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.47) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.83) by $0.36. Cycurion had a negative return on equity of 123.25% and a negative net margin of 108.49%.The company had revenue of $3.27 million for the quarter. As a group, sell-side analysts predict that Cycurion, Inc. will post -2.34 earnings per share for the current year.

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.