CynergisTek (NYSEAMERICAN:CTEK) announced its earnings results on Tuesday. The company reported ($0.05) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.07) by $0.02, Morningstar.com reports. The business had revenue of $5.06 million for the quarter, compared to the consensus estimate of $5.80 million.

Shares of CTEK stock traded down $0.37 during mid-day trading on Wednesday, reaching $3.32. 2,620 shares of the company’s stock traded hands, compared to its average volume of 24,143. CynergisTek has a 12 month low of $3.23 and a 12 month high of $5.00.

Separately, Zacks Investment Research upgraded shares of CynergisTek from a “sell” rating to a “hold” rating in a report on Tuesday, June 4th.

Several hedge funds have recently made changes to their positions in CTEK. BlackRock Inc. raised its position in shares of CynergisTek by 21.0% in the 2nd quarter. BlackRock Inc. now owns 27,501 shares of the company’s stock worth $133,000 after purchasing an additional 4,771 shares during the last quarter. Globeflex Capital L P raised its position in CynergisTek by 18.5% in the 1st quarter. Globeflex Capital L P now owns 83,282 shares of the company’s stock worth $414,000 after buying an additional 12,982 shares during the last quarter. King Luther Capital Management Corp raised its position in CynergisTek by 11.3% in the 1st quarter. King Luther Capital Management Corp now owns 197,500 shares of the company’s stock worth $982,000 after buying an additional 20,000 shares during the last quarter. Perkins Capital Management Inc. purchased a new position in CynergisTek in the 1st quarter worth about $124,000. Finally, Renaissance Technologies LLC raised its position in CynergisTek by 69.9% in the 2nd quarter. Renaissance Technologies LLC now owns 107,983 shares of the company’s stock worth $523,000 after buying an additional 44,441 shares during the last quarter.

About CynergisTek

Cynergistek, Inc provides outsourced document solutions, IT consulting data security, and managed print services primarily to the healthcare industry in the United States. The company offers Incident Response, Vendor Security Management, and Patient Privacy Monitoring Service, as well as Compliance Assist Partner Program.

Recommended Story: Street Name

Earnings History for CynergisTek (NYSEAMERICAN:CTEK)

Receive News & Ratings for CynergisTek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CynergisTek and related companies with MarketBeat.com's FREE daily email newsletter.