Cycurion (NASDAQ:CYCU) Trading Down 4% – Should You Sell?

Cycurion, Inc. (NASDAQ:CYCU)’s share price dropped 4% during mid-day trading on Thursday . The company traded as low as $0.55 and last traded at $0.5879. Approximately 640,338 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 1,193,727 shares. The stock had previously closed at $0.6127.

Wall Street Analysts Forecast Growth

CYCU has been the subject of a number of recent research reports. Weiss Ratings raised shares of Cycurion from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 11th. Wall Street Zen upgraded Cycurion from a “strong sell” rating to a “hold” rating in a research note on Saturday, May 23rd. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $7.00.

Cycurion Stock Performance

The stock has a market capitalization of $7.01 million, a P/E ratio of -0.09 and a beta of 0.99. The company’s 50-day moving average is $0.86 and its two-hundred day moving average is $1.67. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.02.

Cycurion (NASDAQ:CYCU) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.47) EPS for the quarter, beating the consensus estimate of ($0.83) by $0.36. The company had revenue of $3.27 million for the quarter. Cycurion had a negative net margin of 108.49% and a negative return on equity of 123.25%. As a group, sell-side analysts anticipate that Cycurion, Inc. will post -2.34 EPS for the current fiscal year.

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.