CynergisTek (NYSEAMERICAN:CTEK) Stock Price Up 1.6% – Should You Buy?

CynergisTek, Inc. (NYSEAMERICAN:CTEK) shares shot up 1.6% on Tuesday . The company traded as high as $1.25 and last traded at $1.25. 167,600 shares were traded during trading, a decline of 43% from the average session volume of 293,474 shares. The stock had previously closed at $1.23.

CynergisTek Trading Up 1.6%

The firm has a market capitalization of $16.57 million, a P/E ratio of -7.35 and a beta of 1.25. The stock’s 50-day simple moving average is $1.25 and its 200-day simple moving average is $1.25.

About CynergisTek

CynergisTek, Inc is a U.S.-based cybersecurity and privacy risk management firm specializing in the healthcare and life sciences sectors. The company provides strategic advisory services and technical solutions designed to help healthcare organizations identify, assess and remediate information security and privacy risks. By focusing exclusively on regulated industries, CynergisTek aims to address the unique compliance and regulatory challenges faced by its clients.

The firm’s core offerings include security risk assessments, HIPAA privacy and security compliance reviews, penetration testing, vulnerability management, incident response planning and workforce training.