Cyren (NASDAQ:CYRN) issued its quarterly earnings data on Wednesday. The technology company reported ($0.08) earnings per share for the quarter, meeting the Zacks’ consensus estimate of ($0.08), MarketWatch Earnings reports. Cyren had a negative return on equity of 46.66% and a negative net margin of 54.78%.
CYRN opened at $1.84 on Thursday. Cyren has a 12 month low of $1.80 and a 12 month high of $3.79. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.31.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in CYRN. White Pine Capital LLC grew its stake in Cyren by 32.8% during the 1st quarter. White Pine Capital LLC now owns 517,800 shares of the technology company’s stock worth $1,124,000 after purchasing an additional 127,900 shares in the last quarter. Deutsche Bank AG grew its stake in Cyren by 100.3% during the 4th quarter. Deutsche Bank AG now owns 62,500 shares of the technology company’s stock worth $187,000 after purchasing an additional 31,300 shares in the last quarter. Renaissance Technologies LLC grew its stake in Cyren by 3.8% during the 3rd quarter. Renaissance Technologies LLC now owns 608,833 shares of the technology company’s stock worth $1,918,000 after purchasing an additional 22,400 shares in the last quarter. Jane Street Group LLC acquired a new position in Cyren during the 4th quarter worth $64,000. Finally, Belpointe Asset Management LLC grew its stake in Cyren by 1.5% during the 4th quarter. Belpointe Asset Management LLC now owns 430,500 shares of the technology company’s stock worth $1,292,000 after purchasing an additional 6,500 shares in the last quarter. 57.43% of the stock is owned by hedge funds and other institutional investors.
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CYREN Ltd., together with its subsidiaries, provides information security solutions for protecting Web, email, and mobile transactions worldwide. The company operates Cyren Cloud Security, a SaaS security platform, which provides Internet security services, including Web Security that provides the enforcement of Web policy and state-of-the-art threat protection for business users; DNS Security, which allows businesses to protect employees at headquarters, visitors in remote offices, customers at retail stores, or students on a campus; Email Security, a cloud-based secure email gateway; and Cloud Sandboxing that protects businesses against breaches and data loss from threats.
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