Intrusion (NASDAQ:INTZ) Shares Down 7.9% – Time to Sell?

Shares of Intrusion Inc. (NASDAQ:INTZGet Free Report) dropped 7.9% during mid-day trading on Thursday . The company traded as low as $0.7442 and last traded at $0.75. Approximately 165,486 shares changed hands during trading, a decline of 97% from the average session volume of 5,933,494 shares. The stock had previously closed at $0.8145.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Zacks Research downgraded shares of Intrusion from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 30th. Ascendiant Capital Markets dropped their price objective on shares of Intrusion from $10.50 to $9.50 and set a “buy” rating on the stock in a report on Monday, June 8th. HC Wainwright cut their price objective on shares of Intrusion from $2.00 to $1.00 and set a “neutral” rating for the company in a research report on Monday, March 30th. Finally, Weiss Ratings lowered shares of Intrusion from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $5.25.

Read Our Latest Stock Report on INTZ

Intrusion Trading Down 7.9%

The company has a market cap of $17.07 million, a price-to-earnings ratio of -1.44 and a beta of -1.66. The company has a fifty day moving average price of $0.80 and a two-hundred day moving average price of $0.93.

Intrusion (NASDAQ:INTZGet Free Report) last issued its earnings results on Thursday, May 14th. The company reported ($0.18) 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 analyst estimates of $2.02 million. Intrusion had a negative net margin of 169.48% and a negative return on equity of 129.84%. Sell-side analysts anticipate that Intrusion Inc. will post -0.42 EPS for the current fiscal year.

Institutional Investors Weigh In On Intrusion

Institutional investors and hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC raised its stake in shares of Intrusion by 18.8% in the 2nd quarter. Geode Capital Management LLC now owns 163,584 shares of the company’s stock valued at $375,000 after buying an additional 25,894 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of Intrusion during the 2nd quarter valued at about $55,000. Millennium Management LLC bought a new stake in Intrusion in the third quarter valued at about $34,000. Tritonpoint Wealth LLC increased its stake in Intrusion by 352.0% in the fourth quarter. Tritonpoint Wealth LLC now owns 158,890 shares of the company’s stock valued at $183,000 after acquiring an additional 123,740 shares during the period. Finally, Potomac Capital Management Inc. bought a new stake in Intrusion in the fourth quarter valued at about $544,000. Institutional investors own 19.43% of the company’s stock.

Intrusion Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Intrusion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intrusion and related companies with MarketBeat.com's FREE daily email newsletter.