Cycurion (NASDAQ:CYCU) Shares Down 4.4% – Should You Sell?

Shares of Cycurion, Inc. (NASDAQ:CYCU) dropped 4.4% on Friday . The company traded as low as $0.85 and last traded at $0.86. Approximately 619,420 shares changed hands during trading, a decline of 75% from the average daily volume of 2,477,558 shares. The stock had previously closed at $0.90.

Analysts Set New Price Targets

CYCU has been the subject of a number of recent analyst reports. Weiss Ratings raised shares of Cycurion from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday. Litchfield Hills Research initiated coverage on shares of Cycurion in a research report on Friday, January 23rd. They set a “buy” rating and a $7.00 price target for the company. Finally, Zacks Research raised shares of Cycurion to a “hold” rating in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $7.00.

Cycurion Price Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 0.47 and a quick ratio of 0.47. The firm has a market cap of $4.74 million, a price-to-earnings ratio of -0.04 and a beta of 1.06. The business’s 50-day moving average price is $1.25 and its two-hundred day moving average price is $2.45.

Cycurion (NASDAQ:CYCU) last released its quarterly earnings results on Tuesday, March 31st. The company reported $1.36 earnings per share for the quarter. Cycurion had a negative net margin of 157.85% and a negative return on equity of 196.57%. The business had revenue of $3.54 million during the quarter. On average, research analysts forecast that Cycurion, Inc. will post -2.34 EPS for the current fiscal year.

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.