Hub Cyber Security (NASDAQ:HUBC) Upgraded by Wall Street Zen to Hold Rating

Hub Cyber Security (NASDAQ:HUBC) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Hub Cyber Security in a research note on Tuesday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Hub Cyber Security has a consensus rating of “Sell”.

Hub Cyber Security Stock Down 4.4%

Shares of NASDAQ:HUBC opened at $1.08 on Friday. Hub Cyber Security has a 1-year low of $1.01 and a 1-year high of $64,950.00. The firm’s 50 day simple moving average is $2.36 and its two-hundred day simple moving average is $1,031.21.

Hub Cyber Security (NASDAQ:HUBC) last posted its quarterly earnings results on Friday, July 17th. The company reported $30,359.70 earnings per share for the quarter. The firm had revenue of $8.28 million during the quarter.

Insider Transactions at Hub Cyber Security

In related news, major shareholder Financial Lp Hrt sold 143,772 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $2.04, for a total value of $293,294.88. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 6.70% of the company’s stock.

Institutional Investors Weigh In On Hub Cyber Security

Institutional investors have recently added to or reduced their stakes in the stock. HRT Financial LP bought a new stake in shares of Hub Cyber Security during the fourth quarter valued at approximately $28,000. Cresset Asset Management LLC bought a new position in shares of Hub Cyber Security during the third quarter worth $133,000. Bank of America Corp DE bought a new position in shares of Hub Cyber Security during the second quarter worth $266,000. Finally, Goldman Sachs Group Inc. purchased a new position in Hub Cyber Security during the first quarter valued at $65,000. 4.70% of the stock is owned by hedge funds and other institutional investors.

Hub Cyber Security Company Profile

HUB Cyber Security Ltd. provides cyber security solutions in Israel and internationally. The company offers HUB Secure File Vault, a super charged managed file transfer backed by dedicated hardware driven security, which creates a secure enclave to protect the organization's data driven workflows; HUB Guard, a recurring security assessment, continuous network, and infrastructure monitoring and analysis, and planned incident response; D.Storm, a powerful SaaS DDoS simulation platform; RAM Commander, a software tool for reliability prediction and analysis, reliability block diagram, Markov chains analysis, maintainability prediction, spares optimization, FMEA/FMECA, testability, fault tree analysis, event tree analysis, and safety assessment; and Safety Commander designs to evaluate the safety of highly integrated systems in a model-based design environment.