Intrusion (NASDAQ:INTZ) Downgraded by Zacks Research to “Strong Sell”

Zacks Research downgraded shares of Intrusion (NASDAQ:INTZ) from a hold rating to a strong sell rating in a research note published on Tuesday,Zacks.com reports.

INTZ has been the topic of a number of other research reports. Ascendiant Capital Markets cut their target price on shares of Intrusion from $10.50 to $9.50 and set a “buy” rating on the stock in a research note on Monday, June 8th. Weiss Ratings cut Intrusion from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, May 29th. Finally, HC Wainwright decreased their price objective on shares of Intrusion from $2.00 to $1.00 and set a “neutral” rating for the company in a report on Monday, March 30th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Intrusion has a consensus rating of “Reduce” and an average target price of $5.25.

Intrusion Stock Performance

NASDAQ:INTZ opened at $0.82 on Tuesday. The business has a 50 day moving average price of $0.77 and a 200-day moving average price of $0.97. Intrusion has a fifty-two week low of $0.66 and a fifty-two week high of $2.64. The firm has a market cap of $16.73 million, a PE ratio of -1.58 and a beta of -1.66.

Intrusion (NASDAQ:INTZ) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.09). The firm had revenue of $0.89 million during the quarter, compared to analysts’ expectations of $2.02 million. Intrusion had a negative net margin of 169.48% and a negative return on equity of 129.84%. Research analysts predict that Intrusion will post -0.41 EPS for the current year.

Institutional Investors Weigh In On Intrusion

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Virtu Financial LLC bought a new stake in shares of Intrusion during the 4th quarter valued at $31,000. Millennium Management LLC purchased a new position in shares of Intrusion in the 3rd quarter worth $34,000. XTX Topco Ltd purchased a new position in Intrusion in the fourth quarter worth about $35,000. Jane Street Group LLC bought a new position in shares of Intrusion during the 4th quarter valued at approximately $51,000. Finally, State Street Corp increased its position in Intrusion by 11.6% during the fourth quarter. State Street Corp now owns 102,765 shares of the company’s stock valued at $118,000 after acquiring an additional 10,700 shares during the last quarter. 19.43% of the stock is owned by hedge funds and other institutional investors.

Intrusion Company Profile

Intrusion Inc, a cybersecurity company in the United States. The company offers its customers access to threat intelligence database, which contains the historical data, known associations, and reputational behavior of Internet Protocol addresses. It offers INTRUSION Shield, a zero trust reputation-based Software as a Service solution that inspects and kills dangerous network connections. The company also provides INTRUSION TraceCop, a big data tool that contains an inventory of network selectors and enrichments to support forensic investigations; and INTRUSION Savant, a network monitoring solution that uses the data available in TraceCop to identify suspicious traffic in real-time.