Zacks Investment Research upgraded shares of CynergisTek (NYSEAMERICAN:CTEK) from a sell rating to a hold rating in a research report sent to investors on Wednesday.

According to Zacks, “AUXILIO, Inc. provides Managed Print Services (MPS) for the health care industry. The Company provides management and monitoring of vital business and clinical processes in copy, print, fax and scan infrastructures. It operates as a vendor independent company and offers monitoring, management, and contract negotiation; change management and end-user training programs; utilization management; financial reporting; workflow efficiency management; information systems integration, connectivity, and image migration strategies; and strategy execution working with the customer to execute a long-term image management strategy. The Company sells and services automated office equipment, including digital and color copiers, printers, facsimile machines, scanners, and multi-function equipment. AUXILIO, Inc. is headquartered in Mission Viejo, California. “

Shares of CynergisTek (NYSEAMERICAN CTEK) opened at $4.15 on Wednesday. CynergisTek has a 52-week low of $2.37 and a 52-week high of $6.72. The firm has a market capitalization of $38.20, a price-to-earnings ratio of 7.03 and a beta of 0.68.

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About CynergisTek

Cynergistek, Inc provides outsourced document management services and IT security consulting services primarily to the healthcare industry in the United States. It offers workflow solutions; and creates manageable, dependable print management programs by managing the back-office processes of hospital clients.

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