Cycurion (NASDAQ:CYCU) Trading Down 4.6% – Here’s What Happened

Cycurion, Inc. (NASDAQ:CYCU)’s stock price fell 4.6% on Friday . The stock traded as low as $1.62 and last traded at $1.65. 89,037 shares changed hands during trading, an increase of 21% from the average session volume of 73,338 shares. The stock had previously closed at $1.73.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Cycurion in a research note on Monday, December 29th. Litchfield Hills Research began coverage on shares of Cycurion in a report on Friday, January 23rd. They set a “buy” rating and a $7.00 target price on the stock. Finally, Zacks Research upgraded shares of Cycurion to a “hold” rating in a research report on Monday, January 26th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $7.00.

Cycurion Stock Down 4.6%

The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 0.02. The stock’s 50-day simple moving average is $2.11 and its 200 day simple moving average is $4.30. The firm has a market cap of $6.91 million, a P/E ratio of -0.07 and a beta of 0.85.

Cycurion Company Profile

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.