Shares of Cyren Ltd. (CYRN) are surging 24% to $2.17 in pre-market trade after the company announced that China-based Bangcle, the world’s largest mobile app security provider, will deploy Cyren’s embedded technology to protect mobile apps against today’s latest threats.
Bangcle helps developers guard their apps against malicious code, tampering and pirating while also protecting private customer account information. By the end of November, 400,000 mobile applications have adopted the Bangcle security app shield, which covers 500 million mobile phones globally.
“We chose Cyren’s antivirus technology because our evaluation proved it offered an impressively high detection rate while consuming very little bandwidth,” said in a statement, CEO at Bangcle.
Cyren Ltd, currently valued at $51.98M, has been trading between a low of $1.40 and a high of $4.10 with the 50-day MA and 200-day MA located at $1.64 and $2.30 levels, respectively. Additionally, shares of CYRN have a Relative Strength Index (RSI) and MACD indicator of 58.21 and +0.17, respectively.
CYRN currently prints a one year loss of about 36.12% and a year-to-date loss of around 43.92%.
Shares of Sunesis Pharmaceuticals, Inc. (SNSS) are up 12.55%, at $2.60, after analysts at Cantor Fitzgerald upgraded coverage of the stock with a ‘Buy’ from ‘Hold’ rating, and a $4.00 from $2.00 price target.
On valuation measures, Sunesis Pharmaceuticals shares have a t-12 price/sales ratio of 20.96 and a price/book for the same period of 39.83. EPS is ($0.85). Sunesis has a market cap of $143.10 million and a median Wall Street price target of $2.00.
Shares have traded between $1.00 to $8.46 over the last 52 weeks.
SNSS is down 53.80% year-over-year and 51.27% year-to-date.
Investment analysts at Longbow initiated coverage on shares of 3D Systems Corporation (DDD) in a note issued to investors on Wednesday. The firm set an ‘Underperform’ rating and a $25.00 price target on the stock. The firm’s price target would suggest a potential downside of about 21% from the stock’s current pps. DDD recently traded at $31.60, down 2 percent.
3D Systems Corporation shares are currently priced at 162.27x this year’s forecasted earnings compared to the industry’s 18.52x earnings multiple. Ticker has a PEG and forward P/E ratio of 2.06 and 30.89, respectively. Price/Sales for the same period is 5.75 while EPS is $0.20. Currently there are 7 analysts that rate DDD a ‘Buy’, 14 rate it a ‘Hold’. 1 analyst rates it a ‘Sell’. DDD has a median Wall Street price target of $42.50 with a high target of $73.00.
In the past 52 weeks, shares of Rock Hill, South Carolina-based company have traded between a low of $30.88 and a high of $97.28. DDD is down 57.70% year-over-year and 65.43% year-to-date.
Linn Energy, LLC (LINE) shares are falling, down nearly 4% to $14.09 in early trade Wednesday amid tumbling oil prices.
In the past 52 weeks, shares of Houston, Texas-based oil and natural gas company have traded between a low of $13.80 and a high of $34.08 with the 50-day MA and 200-day MA located at $22.21 and $28.24 levels, respectively. Additionally, shares of Linn Energy trade at a P/E ratio of 18.02 and have a Relative Strength Index (RSI) and MACD inficator of 52.66 and 0.66, respectively.
LINE currently prints a one year loss of about 46.99% and a year-to-date loss of around 47.22%. Linn Energy’s current market cap stands at about $4.65 billion.