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 Video: What is a Stock Split?
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| CYREN is engaged in developing and marketing information security solutions for protecting web, email and mobile transactions. Co.'s cloud security products and services are: Cyren Threat Detection Services, which detect threats in email and from the web through its Email Security Detection Engine, Malware Detection Engine, Web Security Engine, and Threat Analysis Service; Cyren Threat Intelligence Feeds, which provide threat intelligence data to support threat detection, threat hunting and incident response; Cyren Enterprise Email Security Products, which include cloud-based solutions designed for enterprise customers, including Cyren Email Security, a cloud-based secure email gateway. According to our CYRN stock split history records, CYRN has had 1 split. | |
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CYRN (CYRN) has 1 split in our CYRN stock split history database. The split for CYRN took place on February 09, 2022. This was a 1 for 20 reverse split, meaning for each 20 shares of CYRN owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 50 share position following the split.
When a company such as CYRN conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the CYRN stock split history from start to finish, an original position size of 1000 shares would have turned into 50 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CYRN shares, starting with a $10,000 purchase of CYRN, presented on a split-history-adjusted basis factoring in the complete CYRN stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
03/02/2023 |
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| Start price/share: |
$62.40 |
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| End price/share: |
$0.22 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-99.65% |
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| Average Annual Total Return: |
-47.11% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$35.28 |
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| Years: |
8.87 |
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| Date |
Ratio |
| 02/09/2022 | 1 for 20 |
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