CynergisTek (NYSEAMERICAN:CTEK) Stock Rating Lowered by Zacks Investment Research

CynergisTek (NYSEAMERICAN:CTEK) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Tuesday, December 19th.

According to Zacks, “AUXILIO, Inc. provides Managed Print Services (MPS) for the health care industry. The Company provides management and monitoring of vital business and clinical processes in copy, print, fax and scan infrastructures. It operates as a vendor independent company and offers monitoring, management, and contract negotiation; change management and end-user training programs; utilization management; financial reporting; workflow efficiency management; information systems integration, connectivity, and image migration strategies; and strategy execution working with the customer to execute a long-term image management strategy. The Company sells and services automated office equipment, including digital and color copiers, printers, facsimile machines, scanners, and multi-function equipment. AUXILIO, Inc. is headquartered in Mission Viejo, California. “

CynergisTek (CTEK) traded up $0.06 during mid-day trading on Tuesday, hitting $4.39. The stock had a trading volume of 23,520 shares, compared to its average volume of 24,815. The firm has a market capitalization of $38.20, a PE ratio of 7.44 and a beta of 0.68. CynergisTek has a 52 week low of $2.51 and a 52 week high of $6.72.

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CynergisTek Company Profile

Cynergistek, Inc provides outsourced document management services and IT security consulting services primarily to the healthcare industry in the United States. It offers workflow solutions; and creates manageable, dependable print management programs by managing the back-office processes of hospital clients.

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