Wall Street Zen Upgrades CID Holdco (NASDAQ:DAIC) to Sell

CID Holdco (NASDAQ:DAIC) was upgraded by equities researchers at Wall Street Zen to a “sell” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings raised CID Holdco from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, June 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

CID Holdco Stock Performance

NASDAQ:DAIC opened at $1.31 on Friday. The stock’s fifty day moving average is $2.40 and its two-hundred day moving average is $5.32. CID Holdco has a 52 week low of $1.12 and a 52 week high of $135.75.

CID Holdco (NASDAQ:DAIC) last released its quarterly earnings results on Tuesday, May 12th. The company reported ($3.75) EPS for the quarter. The firm had revenue of $0.01 million during the quarter.

Institutional Investors Weigh In On CID Holdco

Large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE purchased a new position in CID Holdco in the second quarter valued at $2,267,000. Moore Capital Management LP purchased a new stake in CID Holdco during the 3rd quarter worth about $398,000. Millennium Management LLC purchased a new stake in CID Holdco during the 3rd quarter worth about $211,000. Sandia Investment Management LP acquired a new position in shares of CID Holdco during the 2nd quarter worth about $112,000. Finally, Bank of Montreal Can boosted its position in shares of CID Holdco by 97.0% during the 4th quarter. Bank of Montreal Can now owns 197,008 shares of the company’s stock worth $88,000 after acquiring an additional 97,000 shares in the last quarter.

CID Holdco, Inc is a manufacturing company in the Computer Software industry.