CISO Global (NASDAQ:CISO) Trading Down 3% – Should You Sell?

CISO Global, Inc. (NASDAQ:CISO) fell 3% during mid-day trading on Monday . The stock traded as low as $1.21 and last traded at $1.29. 1,050,000 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 1,766,156 shares. The stock had previously closed at $1.33.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded CISO Global from a “sell” rating to a “hold” rating in a research report on Thursday, May 22nd.

CISO Global Stock Down 3.0%

The business has a 50 day simple moving average of $0.96 and a 200-day simple moving average of $1.10.

Institutional Trading of CISO Global

An institutional investor recently bought a new position in CISO Global stock. Captrust Financial Advisors purchased a new stake in CISO Global, Inc. (NASDAQ:CISO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 13,334 shares of the company’s stock, valued at approximately $46,000. Captrust Financial Advisors owned 0.11% of CISO Global at the end of the most recent quarter. Hedge funds and other institutional investors own 40.08% of the company’s stock.

About CISO Global

CISO Global Inc operates as a cybersecurity and compliance company in the United States, Chile, and internationally. The company offers security managed services, including compliance, secured managed, and cyber defense operation services; culture education and enablement; tools and technology provisioning; data, privacy, regulations, and compliance monitoring; remote infrastructure administration; and antivirus and patch management services.