Ascendiant Capital Markets Cuts Intrusion (NASDAQ:INTZ) Price Target to $11.00

Intrusion (NASDAQ:INTZ) had its target price cut by Ascendiant Capital Markets from $14.00 to $11.00 in a research report report published on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.

Separately, HC Wainwright reaffirmed a “neutral” rating and set a $1.00 target price on shares of Intrusion in a research note on Wednesday, November 13th.

Intrusion Price Performance

Shares of INTZ opened at $0.60 on Wednesday. The business has a fifty day moving average of $0.72 and a 200 day moving average of $1.05. The company has a market cap of $4.83 million, a PE ratio of -0.31 and a beta of 0.43. Intrusion has a 52-week low of $0.51 and a 52-week high of $6.07.

Intrusion (NASDAQ:INTZ) last released its earnings results on Tuesday, November 12th. The company reported ($0.35) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.42) by $0.07. The firm had revenue of $1.50 million during the quarter, compared to the consensus estimate of $1.58 million. During the same quarter last year, the business posted ($2.80) EPS. As a group, research analysts anticipate that Intrusion will post -1.64 earnings per share for the current fiscal year.

About Intrusion

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.