Cycurion (NASDAQ:CYCU) Releases Quarterly Earnings Results, Beats Estimates By $0.36 EPS

Cycurion (NASDAQ:CYCUGet Free Report) posted its earnings results on Thursday. The company reported ($0.47) EPS for the quarter, topping the consensus estimate of ($0.83) by $0.36, Zacks reports. The business had revenue of $3.27 million during the quarter. Cycurion had a negative return on equity of 196.57% and a negative net margin of 157.85%.

Cycurion Price Performance

CYCU stock traded up $0.01 during midday trading on Thursday, reaching $0.91. 1,417,028 shares of the company’s stock traded hands, compared to its average volume of 2,111,909. The company has a 50-day simple moving average of $1.17 and a two-hundred day simple moving average of $2.29. Cycurion has a 1-year low of $0.77 and a 1-year high of $15.88. The company has a market cap of $5.00 million, a price-to-earnings ratio of -0.04 and a beta of 1.06. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.02.

Wall Street Analyst Weigh In

CYCU has been the subject of several analyst reports. Litchfield Hills Research initiated coverage on Cycurion in a research report on Friday, January 23rd. They set a “buy” rating and a $7.00 target price for the company. Zacks Research upgraded Cycurion to a “hold” rating in a research report on Monday, January 26th. Finally, Weiss Ratings upgraded Cycurion from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, May 7th. One 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $7.00.

View Our Latest Research Report on Cycurion

Cycurion Company Profile

(Get Free Report)

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.

Further Reading

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