Cyngn Inc. Common Stock (NASDAQ:CYN) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Cyngn Inc. Common Stock (NASDAQ:CYN) from a sell rating to a hold rating in a research report released on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Cyngn Inc. Common Stock in a research note on Monday, July 6th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Reduce”.

Cyngn Inc. Common Stock Stock Performance

Shares of NASDAQ:CYN opened at $0.76 on Friday. The firm’s 50 day simple moving average is $1.09. Cyngn Inc. Common Stock has a twelve month low of $0.75 and a twelve month high of $6.82. The company has a market cap of $10.92 million, a P/E ratio of -0.25 and a beta of 0.06.

Cyngn Inc. Common Stock (NASDAQ:CYN) last issued its quarterly earnings results on Wednesday, August 12th. The company reported ($0.45) EPS for the quarter. Cyngn Inc. Common Stock had a negative return on equity of 62.53% and a negative net margin of 6,953.61%.The business had revenue of $0.14 million during the quarter.

Cyngn Inc. Common Stock Company Profile

Cyngn Inc is an industrial autonomous vehicle technology company, focused on addressing industrial uses for autonomous vehicles. It develops full-stack autonomous driving software, DriveMod, which is integrated into vehicles manufactured by original equipment manufacturers during the assembly process. The company designs its software to be compatible with a range of sensors and hardware components and integrates it with its own systems to enable autonomous vehicle functionality.