Intrusion (NASDAQ:INTZ) Trading 3.3% Higher – Here’s What Happened

Shares of Intrusion Inc. (NASDAQ:INTZ) traded up 3.3% during mid-day trading on Wednesday . The company traded as high as $1.97 and last traded at $1.87. 287,041 shares changed hands during mid-day trading, a decline of 23% from the average session volume of 373,860 shares. The stock had previously closed at $1.81.

Analyst Ratings Changes

INTZ has been the topic of a number of recent analyst reports. HC Wainwright increased their price objective on Intrusion from $1.50 to $2.50 and gave the company a “neutral” rating in a report on Monday, July 7th. Ascendiant Capital Markets boosted their target price on Intrusion from $10.00 to $11.00 and gave the stock a “buy” rating in a research note on Friday, May 30th.

Intrusion Stock Performance

The firm has a 50 day moving average of $2.06 and a two-hundred day moving average of $1.63. The stock has a market cap of $37.21 million, a PE ratio of -1.39 and a beta of -1.22. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.97 and a quick ratio of 3.97.

Intrusion (NASDAQ:INTZ) last posted its earnings results on Tuesday, April 29th. The company reported ($0.11) earnings per share for the quarter, hitting the consensus estimate of ($0.11). The firm had revenue of $1.78 million during the quarter, compared to analysts’ expectations of $1.65 million. Intrusion had a negative return on equity of 950.79% and a negative net margin of 127.39%. Research analysts predict that Intrusion Inc. will post -1.63 EPS for the current fiscal year.

Institutional Investors Weigh In On Intrusion

Several institutional investors have recently added to or reduced their stakes in INTZ. LPL Financial LLC purchased a new position in Intrusion during the 4th quarter worth approximately $31,000. IHT Wealth Management LLC acquired a new stake in shares of Intrusion in the fourth quarter valued at approximately $32,000. Geode Capital Management LLC boosted its holdings in shares of Intrusion by 47.5% in the fourth quarter. Geode Capital Management LLC now owns 68,662 shares of the company’s stock valued at $211,000 after acquiring an additional 22,119 shares during the period. Tritonpoint Wealth LLC acquired a new stake in shares of Intrusion in the second quarter valued at approximately $80,000. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Intrusion in the second quarter valued at approximately $96,000. Hedge funds and other institutional investors own 19.43% of the company’s stock.

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.