Ascendiant Capital Markets Issues Pessimistic Forecast for Intrusion (NASDAQ:INTZ) Stock Price

Intrusion (NASDAQ:INTZ) had its target price decreased by equities research analysts at Ascendiant Capital Markets from $9.50 to $9.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock.

A number of other analysts also recently commented on INTZ. Weiss Ratings downgraded Intrusion from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, May 29th. Zacks Research raised Intrusion from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 5th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Intrusion currently has an average rating of “Hold” and a consensus target price of $5.00.

Intrusion Price Performance

INTZ opened at $0.69 on Thursday. Intrusion has a 1 year low of $0.59 and a 1 year high of $2.27. The company’s 50 day simple moving average is $0.77 and its 200 day simple moving average is $0.84. The stock has a market capitalization of $16.96 million, a PE ratio of -1.26 and a beta of -1.57. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.39 and a current ratio of 0.39.

Intrusion (NASDAQ:INTZ) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.03). The company had revenue of $1.45 million for the quarter, compared to analyst estimates of $1.50 million. Intrusion had a negative return on equity of 178.06% and a negative net margin of 191.24%. As a group, sell-side analysts expect that Intrusion will post -0.42 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in INTZ. Virtu Financial LLC purchased a new position in shares of Intrusion in the fourth quarter valued at $31,000. XTX Topco Ltd purchased a new stake in Intrusion during the 4th quarter worth $35,000. State Street Corp increased its stake in Intrusion by 11.6% during the 4th quarter. State Street Corp now owns 102,765 shares of the company’s stock worth $118,000 after buying an additional 10,700 shares during the period. Jane Street Group LLC acquired a new position in Intrusion in the 4th quarter worth $51,000. Finally, Potomac Capital Management Inc. acquired a new position in Intrusion in the 4th quarter worth $544,000. 19.43% of the stock is owned by institutional investors and hedge funds.

About Intrusion

Intrusion Inc, a cybersecurity company in the United States. The company offers its customers access to threat intelligence database, which contains the historical data, known associations, and reputational behavior of Internet Protocol addresses. It offers INTRUSION Shield, a zero trust reputation-based Software as a Service solution that inspects and kills dangerous network connections. The company also provides INTRUSION TraceCop, a big data tool that contains an inventory of network selectors and enrichments to support forensic investigations; and INTRUSION Savant, a network monitoring solution that uses the data available in TraceCop to identify suspicious traffic in real-time.