CynergisTek (NYSEAMERICAN:CTEK) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

CynergisTek (NYSEAMERICAN:CTEK) issued its quarterly earnings results on Tuesday. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.07) by $0.02, Morningstar.com reports.

Shares of CynergisTek stock opened at $3.69 on Wednesday. CynergisTek has a 1 year low of $3.23 and a 1 year high of $5.00.

Separately, Zacks Investment Research upgraded shares of CynergisTek from a “sell” rating to a “hold” rating in a research note on Tuesday, June 4th.

A number of hedge funds have recently made changes to their positions in the stock. BlackRock Inc. grew its position in CynergisTek by 21.0% during the 2nd quarter. BlackRock Inc. now owns 27,501 shares of the company’s stock valued at $133,000 after purchasing an additional 4,771 shares during the last quarter. Globeflex Capital L P grew its position in CynergisTek by 18.5% during the 1st quarter. Globeflex Capital L P now owns 83,282 shares of the company’s stock valued at $414,000 after purchasing an additional 12,982 shares during the last quarter. King Luther Capital Management Corp grew its position in CynergisTek by 11.3% during the 1st quarter. King Luther Capital Management Corp now owns 197,500 shares of the company’s stock valued at $982,000 after purchasing an additional 20,000 shares during the last quarter. Perkins Capital Management Inc. purchased a new stake in CynergisTek during the 1st quarter valued at about $124,000. Finally, Renaissance Technologies LLC grew its position in CynergisTek by 69.9% during the 2nd quarter. Renaissance Technologies LLC now owns 107,983 shares of the company’s stock valued at $523,000 after purchasing an additional 44,441 shares during the last quarter.

CynergisTek Company Profile

Cynergistek, Inc provides outsourced document solutions, IT consulting data security, and managed print services primarily to the healthcare industry in the United States. The company offers Incident Response, Vendor Security Management, and Patient Privacy Monitoring Service, as well as Compliance Assist Partner Program.

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Earnings History for CynergisTek (NYSEAMERICAN:CTEK)

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