Cycurion (NASDAQ:CYCU) Posts Earnings Results, Beats Expectations By $0.15 EPS

Cycurion (NASDAQ:CYCU) announced its quarterly earnings data on Friday. The company reported ($0.41) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.56) by $0.15, FiscalAI reports. Cycurion had a negative return on equity of 123.25% and a negative net margin of 108.49%.The company had revenue of $3.76 million for the quarter.

Cycurion Stock Performance

CYCU traded down $0.01 during trading hours on Friday, reaching $0.69. The company’s stock had a trading volume of 76,888,940 shares, compared to its average volume of 7,843,939. The company’s 50-day moving average is $0.60 and its 200-day moving average is $1.08. Cycurion has a 52 week low of $0.26 and a 52 week high of $15.88. The firm has a market cap of $7.91 million, a PE ratio of -0.10 and a beta of 0.97. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.31 and a current ratio of 0.31.

Analyst Ratings Changes

CYCU has been the topic of a number of recent analyst reports. Weiss Ratings downgraded shares of Cycurion from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, August 6th. Wall Street Zen raised shares of Cycurion from a “strong sell” rating to a “hold” rating in a research report on Saturday, May 23rd. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company 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.