Cycurion, Inc. (NASDAQ:CYCU) Short Interest Up 155.9% in June

Cycurion, Inc. (NASDAQ:CYCU) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 320,620 shares, a growth of 155.9% from the May 31st total of 125,283 shares. Based on an average daily volume of 609,166 shares, the short-interest ratio is currently 0.5 days. Currently, 3.3% of the shares of the company are short sold.

Wall Street Analyst Weigh In

A number of research analysts have commented on CYCU shares. Weiss Ratings lowered shares of Cycurion from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday. Wall Street Zen upgraded shares of Cycurion from a “strong sell” rating to a “hold” rating in a research note on Saturday, May 23rd. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Cycurion currently has a consensus rating of “Hold” and a consensus target price of $7.00.

Cycurion Stock Performance

Shares of CYCU opened at $0.66 on Monday. The company has a 50-day simple moving average of $0.86 and a 200-day simple moving average of $1.65. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $7.02 million, a PE ratio of -0.09 and a beta of 0.99. Cycurion has a 52-week low of $0.55 and a 52-week high of $15.88.

Cycurion (NASDAQ:CYCU) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.47) EPS for the quarter, beating the consensus estimate of ($0.83) by $0.36. The firm had revenue of $3.27 million during the quarter. Cycurion had a negative net margin of 108.49% and a negative return on equity of 123.25%. Equities research analysts predict that Cycurion will post -2.34 earnings per share for the current fiscal 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.