Cycurion (NASDAQ:CYCU) Releases Earnings Results

Cycurion (NASDAQ:CYCU) released its earnings results on Tuesday. The company reported $1.36 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $3.54 million during the quarter. Cycurion had a negative return on equity of 186.09% and a negative net margin of 112.73%.

Cycurion Stock Performance

NASDAQ:CYCU traded up $0.14 during trading hours on Tuesday, reaching $1.01. The stock had a trading volume of 95,031 shares, compared to its average volume of 957,691. The stock has a market cap of $4.23 million, a P/E ratio of -0.04 and a beta of 0.85. The stock has a 50 day simple moving average of $1.72 and a 200 day simple moving average of $3.82. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.42 and a current ratio of 0.42. Cycurion has a 12-month low of $0.77 and a 12-month high of $21.22.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Weiss Ratings restated a “sell (e+)” rating on shares of Cycurion in a research note on Monday, December 29th. Zacks Research raised shares of Cycurion to a “hold” rating in a report on Monday, January 26th. Finally, Litchfield Hills Research initiated coverage on shares of Cycurion in a research report on Friday, January 23rd. They set a “buy” rating and a $7.00 price target for the company. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average 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.