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Tag: CYREN Ltd.

  • Cyren Ltd. (CYRN) stock Succumbs to Corrections After Hours

    On March 08, Cyren Ltd. (CYRN) stock added a huge 45.59% during the regular trading session while there was news from the company. Consequently, the stock fell under corrections in the after-hours session to shed its gains.

    CYRN stock fluctuated between a high of $13.87 and a low of $6.13 during the regular trading session on Tuesday. At a heavy volume of 20.65 million shares, the stock closed the session at $10.41. Thus, added a value of $3.26% or 45.59% intraday trading. Following this, the stock lost 9.32% under corrections in the after-hours. Hence, the stock was trading at $9.44 apiece in the after-hours on Tuesday.

    The cloud-based security solutions provider, Cyren Ltd. provides an array of cybersecurity solutions including e-mail security, cyber intelligence suits, malware attack detection, mobile security, and many more. Currently, the company has a market capitalization of $32.41 million with 4.53 million outstanding shares.

    What Happened with CYRN?

    CYRN has been bullish since March 04, while the latest news from the company date back to February 25. With no official reason, it seems the stock has been bullish due to the Russia-Ukraine conflict. Cybersecurity stocks have been widely enjoying a good fortune since the conflict started. The reason for this is cyber attacks and cyber tools being a huge part of such conflicts. It seems as the conflict continues with more and more sanctions on Russia, investors are flocking towards cybersecurity stocks. Thus, CRYN has also been trading actively over the past few weeks.

    In the past five days alone, the stock has increased by 60.40% while adding a humungous 155.40% last month. CYRN stands at a year-to-date gain of 78.13% while it suffered a loss of 41.71% last year.

    Following the huge gain on Tuesday along with the gains from Monday and Friday, CYRN stock was bound for corrections. Therefore, the stock succumbed to corrections in the after-hours on Tuesday.

    Company News

    On February 25, the company announced receiving formal notification from Nasdaq. As per the notification, the company has regained compliance with Listing Rule 5550(a)(2).

    Source: WAATagNet

    Previously, after closing trading below $1.0 per share for over 30 consecutive days, Nasdaq had notified the company of its non-compliance on April 9, 2021. Thus, now that the company’s minimum bid price has been above $1.00 for consecutive 20 days, it has regained compliance with Nasdaq.

    On February 14, the company announced the closing of its $12 million at-the-market private placement of 3.129,075 ordinary shares and warrants. The purchase price of the shares and associated warrants was $3.835 per share.

  • Cyren Ltd. (CYRN) stock Rebounds After Hours. Any Reasons?

    On February 03, 2022, Cyren Ltd. (CYRN) made a comeback in the after-hours with a gain of 13.98%. There is no official announcement, SEC filing, or upcoming event on the company’s calendar.

    At a below-average volume of 818.79K shares, the stock declined by 6.65% during the regular session. After closing the session at $0.2260, CYRN stock rebounded in the after hours. Hence, the stock was trading at $0.2576 per share in the after-hours at a volume of 480.86K.

    The cloud-based security solutions provider, Cyren Ltd. has a market capitalization of $21.95 million. The company has 90.66 million outstanding shares in the market.

    CYRN stock Movement

    CYRN stock had been in a downtrend for the past two days. During Thursday’s regular session, the stock went down to a low of $0.21, just above its 52-week low of $0.2080. It seems the downfall caused the stock to make a comeback after hours. As there is no official news, SEC filing, or an upcoming event in the company’s timeline to suggest the movement. Therefore, seemingly the low value of the stock provided a good buying opportunity to investors. Thus, causing the stock to recover after hours.

    In the past five days, CYRN has lost 4.07% while declining by 22.66% year to date. Moreover, the stock subtracted a value of 79.64% last year.

    Recent Developments

    On January 25, the company announced joining Palo Alto Networks Cortex XSOAR Marketplace. Cyren Inbox Security pack is thus now available on the industry’s largest and most comprehensive security orchestration marketplace. Along with process improvement and automation, the Inbox Security Pack provides a fully optimized approach to address phishing and business email compromise. Furthermore, the offering also provides email-borne threat detection, remediation, and response automation to security teams.

    According to CYRN’s CRO, Lior Kohavi, the risks of phishing and BEC scams keep on increasing day by day. This is causing a loss of billions of dollars to organizations around the world. So, it is of utmost importance to address the issue with solutions like Cyren Inbox Security Pack and the like.

    CYRN’s Q3 Overview

    In the third quarter of 2021, the company had $7.5 million in revenues against $9.1 million in the year-ago period.

    Additionally, CYRN had a non-GAAP net loss of $4.3 million in Q3 2021, against $2.9 million in Q3 of 2020. Resultantly, the non-GAAP net loss per basic and diluted share was $0.06 and $0.05 in Q3 of 2021 and 2020, respectively.

  • Top 20 Stocks In Software – Infrastucture Industry

    Top 20 Stocks In Software – Infrastucture Industry

    With the increase in the advancement in technologies, the software industry is starting booming. Increasing demands for advanced software are also expected to fuel the market. Software is everywhere and this industry is considered to be an important industry as it engaged in the development of new software that provides the best services to the clients.

    This industry is huge and there are various opportunities in this industry that can be explored to grow our business. New technological advancements, new products, and a competitive market stimulated the growth of any industry. We all are well aware that the software industry is also changing every year, every month, every week, and even every day to meet the needs of their customers.  There are various opportunities in this industry one can get to grow its business.

    Check out the top 20 leading companies in the software infrastructure industry:

    Taoping Inc. (NASDAQ: TAOP)

    Taoping Inc. (NASDAQ: TAOP) Shares headed rising, higher as much as 1.44%. Taoping Inc. (TAOP) has disclosed its unaudited financial results for the six months ended June 30, 2020. Revenue was $3.7 million for the first six months of 2020, a decrease of $3.4 million, compared to $7.1 million for the same period last year. It has a market capitalization of $20.78 million at the time of writing.

    Priority Technology Holdings Inc. (NASDAQ: PRTH)

    Priority Technology Holdings Inc. (NASDAQ: PRTH) fall -4.08% after losing more than -$0.13 on Monday. Priority Technology Holdings Inc. (PRTH) disclosed that it is scheduled to participate in a virtual event as part of Alliance Global Partners’ Tech Talk series. Tom Priore, Chairman and Chief Executive Officer of Priority, will take part in a fireside chat at 11:00 a.m. EDT on October 8, 2020.

    CYREN Ltd. (NASDAQ: CYRN)

    CYREN Ltd. (NASDAQ: CYRN) last closed at $1.01, in a 52-week range of $0.31 to $1.97. CYREN Ltd. (CYRN)  has earlier revealed that it has been included as a representative vendor in Gartner’s 2020 Market Guide for Email Security, which was published on September 8, 202. The company has a total market capitalization of $61.32 million at the time of writing. Looking at its profitability its has a return on assets of -25.00%, return on equity of -75.50%, and return on investment of -50.60%.

    Synacor Inc. (SYNC)

    Synacor Inc. (SYNC) last closed at $1.52, in a 52-week range of $0.79 to $1.85. Analysts have a consensus price target of $2.22. Synacor Inc. (SYNC) announced that premium television network EPIX, an MGM Company, has deployed Cloud ID, the consumer identity and access management platform trusted by leading entertainment brands, to better serve millions of subscribers that want to view content on a range of platforms.

    Bridgeline Digital Inc. (NASDAQ: BLIN)

    Bridgeline Digital Inc. (NASDAQ: BLIN) stock drop by -0.43% to $2.33. Bridgeline Digital Inc. (BLIN) disclosed today the release of Celebros Studio 9.0. The upgrade includes a newly designed Studio, redesigned with a new and improved look-and-feel and powerful new features that drive increased revenue for eCommerce websites.

    Opera Limited (NASDAQ: OPRA)

    Opera Limited (NASDAQ: OPRA) Shares headed rising, higher as much as 2.05%. The most recent rating by Cowen, on May 21, 2020, is at an Outperform. Previously, Opera Limited (OPRA) has announced that it is planning to release a new version of its Android and desktop browsers today. The release is happening in parallel to celebrate the completely redesigned sync capabilities between the browsers. Opera for Android is reaching version 60 and Opera for desktop version 71.

    SecureWorks Corp. (NASDAQ: SCWX)

    SecureWorks Corp. (NASDAQ: SCWX) rose 1.61% after gaining more than $0.19 on Monday. SecureWorks Corp. (SCWX) has previously announced it has executed the acquisition of Delve. This company has traded up 126.28% from its 52-weeks low and moved down -34.34% from its 52-weeks high.

    Usio Inc. (NASDAQ: USIO)

    Usio Inc. (NASDAQ: USIO) last closed at $1.60, in a 52-week range of $0.75 to $3.72. Usio Inc. (USIO) earlier disclosed the closing of an underwritten public offering of common stock for gross proceeds of approximately $8 million, prior to deducting underwriting discounts and commissions and offering expenses payable by Usio.

    i3 Verticals Inc. (NASDAQ: IIIV)

    i3 Verticals Inc. (NASDAQ: IIIV) stock soar by 1.39% to $26.17. The most recent rating by Raymond James, on September 23, 2020, is at a Strong buy. i3 Verticals Inc. (IIIV) disclosed the acquisition of three companies that strengthen its vertical focus. The first acquisition is within the Company’s fast-growing Public Sector vertical. The second acquisition is within the Company’s Healthcare vertical and offers medical billing and other software. The final acquisition offers proprietary technology that will augment the Company’s existing platform across several verticals.

    CSG Systems International Inc. (NASDAQ: CSGS)

    CSG Systems International Inc. (NASDAQ: CSGS) shares headed rising, higher as much as 0.82%. The most recent rating by Sidoti, on March 10, 2020, is at a Buy. CSG Systems International Inc. (CSGS) disclosed today it has joined the Innovation Corridor, a global technology and innovation accelerator. CSG will work with Innovation Corridor partners including national labs, government, research universities, and entrepreneurs, to support the transformation of municipalities into “smart cities” using innovative technologies such as IoT, 5G, and artificial intelligence after this move.

    SPS Commerce Inc. (NASDAQ: SPSC)

    SPS Commerce Inc. (NASDAQ: SPSC) last closed at $87.79, in a 52-week range of $31.28 to $85.89. Analysts have a consensus price target of $81.71. SPS Commerce Inc. (SPSC) earlier launched the latest evolution of SPS Commerce Fulfillment for Intuit QuickBooks. The full-service EDI offering fully automates sales order fulfillment to support omnichannel retail businesses.

    Datasea Inc. (NASDAQ: DTSS)

    Datasea Inc. (NASDAQ: DTSS) shares were trading down -1.79% at $3.29 at the time of writing on Monday. Datasea Inc. (NASDAQ: DTSS) share price went from a low point around $0.82 to briefly over $7.39 in the past 52 weeks, though shares have since pulled back to $3.29. DTSS market cap has remained high, hitting $65.80M at the time of writing, giving it a price-to-sales ratio of more than 40.

    Talend S.A. (NASDAQ: TLND)

    Talend S.A. (NASDAQ: TLND) stock soar by 0.38% to $41.88. The most recent rating by Goldman, on June 07, 2019, is at a Sell. Covanta has recently selected Talend S.A. (TLND), a leader in data integration and data integrity, to serve as the foundation for its Data Hub, which will be accessed across the organization to improve operational efficiencies and ensure workplace safety.

    NetScout Systems Inc. (NASDAQ: NTCT)

    NetScout Systems Inc. (NASDAQ: NTCT) last closed at $23.87, in a 52-week range of $19.11 to $29.62. Analysts have a consensus price target of $27.30. NetScout Systems Inc. (NTCT) announced earlier the findings of its 1H 2020 Threat Intelligence Report, which reinforces the dramatic impact cybercriminals have had during the COVID-19 pandemic.

    Varonis Systems Inc. (NASDAQ: VRNS)

    Varonis Systems Inc. (NASDAQ: VRNS) stock soar by 1.05% to $126.47. The most recent rating by JMP Securities, on August 04, 2020, is at an Mkt outperform. Varonis Systems Inc. (VRNS) disclosed that it will report its third-quarter 2020 financial results following the close of the U.S. financial markets on Monday, October 26, 2020.

    Bottomline Technologies (de) Inc. (NASDAQ: EPAY)

    Bottomline Technologies (de) Inc. (NASDAQ: EPAY) Shares headed rising, higher as much as 0.71%. The most recent rating by DA Davidson, on May 04, 2020, is at a Neutral. EPAY announced a partnership with Dow Jones Risk & Compliance, which adds key data to Bottomline’s Anti-Money Laundering and Counter-Terrorist Financing monitoring and screening capabilities, used to identify and thwart illicit transactions.

    Tucows Inc. (NASDAQ: TCX)

    Tucows Inc. (NASDAQ: TCX) stock soar by 0.32% to $74.09. The most recent rating by Cantor Fitzgerald, on August 25, 2015, is at a Buy. Tucows Inc. (TCX) has a 52-weeks low range of $42.50 and a 52-weeks high range of $75.00. This company has traded up 74.33% from its 52-weeks low and moved down -1.21% from its 52-weeks high. This company has a total market capitalization of $784.61 million at the time of writing.

    Endava plc (NYSE: DAVA)

    Endava plc (NYSE: DAVA) rose 2.02% after gaining more than $1.32 on Monday. Looking at its profitability its has a return on assets of 6.60%, return on equity of 10.50%, and return on investment of 7.00%. This company has a total market capitalization of $3.63 billion at the time of writing.

    Net 1 UEPS Technologies Inc. (NASDAQ: UEPS)

    Net 1 UEPS Technologies Inc. (NASDAQ: UEPS) shares headed falling, lower as much as -1.76%. The most recent rating by B. Riley FBR, on September 08, 2020, is at a Buy. Net 1 UEPS Technologies Inc. (UEPS) share price went from a low point around $2.70 to briefly over $4.45 in the past 52 weeks, though shares have since pulled back to $3.34 on Tuesday. UEPS market cap has remained high, hitting $191.85 M at the time of writing

    EVO Payments Inc. (NASDAQ: EVOP)

    EVO Payments Inc. (NASDAQ: EVOP) fall -0.43% after losing more than -$0.11 on Monday. EVO Payments Inc. (EVOP) has a 52-weeks low range of $10.12 and a 52-weeks high range of $30.00. This company has traded up 151.19% from its 52-weeks low and moved down -15.27% from its 52-weeks high.