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

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

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Hub Cyber Security in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Hub Cyber Security Price Performance

Hub Cyber Security stock opened at $1.08 on Friday. Hub Cyber Security has a fifty-two week low of $1.01 and a fifty-two week high of $64,950.00. The firm’s 50 day simple moving average is $2.36 and its 200-day simple moving average is $997.02.

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

Insider Activity at Hub Cyber Security

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

Institutional Investors Weigh In On Hub Cyber Security

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HUBC. Goldman Sachs Group Inc. acquired a new stake in shares of Hub Cyber Security during the 1st quarter valued at $65,000. Cresset Asset Management LLC purchased a new stake in shares of Hub Cyber Security during the third quarter worth $133,000. HRT Financial LP purchased a new stake in shares of Hub Cyber Security during the fourth quarter worth $28,000. Finally, Bank of America Corp DE acquired a new stake in Hub Cyber Security during the second quarter valued at $266,000. Hedge funds and other institutional investors own 4.70% of the company’s stock.

About Hub Cyber Security

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.