CYRN - CYREN Ltd.: The Losing Streak Continues (CYRN)

CYREN Ltd. (NASDAQ:CYRN) traded today at a new 52-week low of $0.60. Approximately 1.2 million shares have changed hands today, as compared to an average 30-day volume of 1.7 million shares.

In the past 52 weeks, shares of CYREN Ltd. have traded between the current low of $0.60 and a high of $1.97 and is now at $0.61.

Potential upside of 32.8% exists for CYREN Ltd., based on a current level of $0.61 and analysts' average consensus price target of $0.81.

CYREN Ltd provides information security solutions for protecting the web, email, and mobile transactions. It is a security as a service provider of cloud-based security technology solutions that mitigate cyber threats, advanced malware attacks, information leaks, legal liability, and productivity loss through the application of cyber intelligence. The firm's customers include OEM and service provider distribution partners and service providers. Its products and services are categorized in security as a service, cyber intelligence suite, and embedded threat intelligence services. The company derives its revenues from the sale of real-time cloud-based services.

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