Cyren - CYRN Stock Forecast, Price & News

Cyren Ltd., together with its subsidiaries, provides cloud delivered Software-as-a-Service (SaaS) cybersecurity solutions that protect businesses, their employees, and customers against threats from email, files, and the web. It provides Cyren threat detection services, which include email security engine that offers anti-spam inbound and outbound, IP reputation, and virus outbreak detection services; malware detection engine that is used to protect email applications; Web security engine, which is used by customers to provide URL classification for web browser filtering and safe search capabilities; and threat analysis services to detect advanced cyber threats. The company also provides Cyren threat intelligence data products, which include real-time phishing intelligence, malware file intelligence, IP reputation intelligence, malware URL intelligence, and Zombie host intelligence for threat detection, threat hunting, and incident response. In addition, it offers Cyren enterprise email security products, including Cyren Email Security, a cloud-based secure email gateway; and Cyren Inbox Security, an anti-phishing and remediation product for Microsoft 365. The company sells its products through direct and indirect channels, including distributors, value added resellers, and managed service providers to enterprise customers and original equipment manufacturers. It has operations in the United States, Germany, other European countries, the Asia Pacific, Israel, and internationally. The company was formerly known as Commtouch Software Ltd. and changed its name to Cyren Ltd. in January 2014. Cyren Ltd. was incorporated in 1991 and is based in Herzliya, Israel.

Cyren Trading Up 2.8 %

Shares of NASDAQ:CYRN opened at $1.86 on Tuesday. Cyren has a 12-month low of $1.51 and a 12-month high of $19.00. The firm has a market cap of $14.47 million, a P/E ratio of -0.32 and a beta of 0.36. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.46. The firm has a fifty day moving average of $1.99.

Cyren (NASDAQ:CYRN - Get Rating) last announced its quarterly earnings results on Monday, May 16th. The technology company reported ($1.16) earnings per share (EPS) for the quarter. Cyren had a negative net margin of 85.30% and a negative return on equity of 125.40%. The company had revenue of $7.26 million during the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Cyren from a "sell" rating to a "hold" rating in a report on Tuesday, May 31st.