Cycurion (NASDAQ:CYCU) Announces Earnings Results

Cycurion (NASDAQ:CYCU) announced its earnings results on Tuesday. The company reported $1.36 earnings per share for the quarter, FiscalAI reports. Cycurion had a negative net margin of 112.73% and a negative return on equity of 186.09%. The company had revenue of $3.54 million during the quarter.

Cycurion Stock Up 16.3%

CYCU stock opened at $1.01 on Wednesday. The stock has a market capitalization of $4.23 million, a PE ratio of -0.04 and a beta of 0.85. Cycurion has a 52 week low of $0.77 and a 52 week high of $21.22. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 0.02. The firm has a 50 day moving average of $1.72 and a 200 day moving average of $3.82.

Analyst Ratings Changes

Several brokerages have recently commented on CYCU. Litchfield Hills Research initiated coverage on Cycurion in a report on Friday, January 23rd. They set a “buy” rating and a $7.00 price objective for the company. Weiss Ratings restated a “sell (e+)” rating on shares of Cycurion in a research note on Monday, December 29th. Finally, Zacks Research raised Cycurion to a “hold” rating in a research report on Monday, January 26th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $7.00.

About Cycurion

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.