Cyren Ltd (Nasdaq:CYRN)
October 12th, 2018
With markets going up Cyren Ltd closed Friday up 3.98%, a $0.13 increase to close on $3.40. As well as rising, CYRN closed the day setting a new 52 week record. Furthermore it hit a new 52 week high of $3.40. The stock continues to trade well at 109% of its 52 week low of $1.63.
CYRN outperformed the rest of the Information Technology sector which went up 3.15% today.
Analysis results from 1 analyst points to the possibility that Cyren Ltd might increase significantly (22%), while Finbox has calculated (with high uncertainty) a fair value price of $2.38.
The market sectors were mixed Friday with a majority of the sectors trending up. Information Technology saw the biggest increase of the day (3.15%), while Real Estate saw the biggest drop (0.07%). Information Technology has seen the biggest year-to-date gain at 8.95%. The biggest loss this year has been the Materials sector dropping 11%.
Information Technology saw the biggest turnaround from its 5-day performance of -7.94%, as it went up 3.15%. Real Estate saw a turn around from its 5-day performance of -2.87% trading down 0.07%.
- Information Technology went up with a 3.15% change.
- Consumer Discretionary went up with a 2.15% change.
- Communication Services went up with a 2.08% change.
- Healthcare went up with a 1.48% change.
- Industrials went up with a 0.55% change.
- Consumer Staples went up with a 0.53% change.
- Materials went up with a 0.42% change.
- Energy went up with a 0.30% change.
- Financials went up with a 0.10% change.
- Utilities went up with a 0.06% change.
- Real Estate went down with a -0.07% change.
Commtouch is based in Herzliya,. was founded in 1990.
Cyren Ltd Info
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. It also operates Cyren Threat Intelligence Services, a platform that offers cloud-based cyber threat detection APIs and SDKs to technology and security vendors. The company’s threat intelligence services comprise embedded email and Web security services; Endpoint Security, which detects malware on various endpoints, including mobile devices and embedded operating system devices; and advanced threat protection services that comprise tools for combating mobile malware, ransomware, and other Web-borne threats. CYREN Ltd. sells its products through direct and indirect channels, including value added resellers and managed service providers to enterprise customers and original equipment manufacturers. The company was formerly known as Commtouch Software Ltd. and changed its name to CYREN Ltd. in January 2014. CYREN Ltd. was founded in 1991 and is headquartered in McLean, Virginia. CYREN Ltd. is a subsidiary of WP XII Investments B.V.
All amounts in USD unless otherwise indicated
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