5 Best Cybersecurity Stocks Under $10

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In this article, we discuss the 5 best cybersecurity stocks under $10. If you want to read our detailed analysis of these stocks, go directly to the 10 Best Cybersecurity Stocks Under $10.

5. Cyren Ltd. (NASDAQ:CYRN)

Number of Hedge Fund Holders: 3  

Share Price as of November 11: $0.47

Cyren Ltd. (NASDAQ:CYRN) is an information security solutions firm. The stock has slumped in the past few weeks on the back of reports of a private placement with institutional investors to raise over $10 million. However, the setback has been offset by a six-month extension granted by NASDAQ to comply with listing rules of the exchange. The firm posted a revenue of more than $7.6 million for the third quarter. 

One of the premier offerings of Cyren Ltd. (NASDAQ:CYRN) is an email security engine that has anti-spam capabilities, IP reputation, and virus outbreak detection services. The company has a market cap of $44 million and posted $36 million in revenue last year. 

At the end of the second quarter of 2021, 3 hedge funds in the database of Insider Monkey held stakes worth $1.7 million in Cyren Ltd. (NASDAQ:CYRN), the same as in the preceding quarter worth $1.8 million. 

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