CID Holdco (NASDAQ:DAIC) Rating Increased to Sell at Wall Street Zen

Wall Street Zen upgraded shares of CID Holdco (NASDAQ:DAIC) from a strong sell rating to a sell rating in a research note published on Sunday morning,Wall Street Zen reports.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of CID Holdco in a research note on Friday, September 4th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, CID Holdco presently has a consensus rating of “Sell”.

CID Holdco Stock Performance

CID Holdco stock opened at $2.53 on Friday. CID Holdco has a 1 year low of $0.37 and a 1 year high of $98.75. The firm has a 50 day moving average price of $1.77 and a 200 day moving average price of $3.41.

Hedge Funds Weigh In On CID Holdco

Hedge funds and other institutional investors have recently modified their holdings of the company. Bank of Montreal Can grew its holdings 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 purchasing an additional 97,000 shares during the period. Sandia Investment Management LP acquired a new position in CID Holdco during the second quarter valued at approximately $112,000. Millennium Management LLC purchased a new stake in CID Holdco during the third quarter worth approximately $211,000. Blue Owl Capital Holdings LP purchased a new stake in CID Holdco during the fourth quarter worth approximately $251,000. Finally, Moore Capital Management LP acquired a new stake in shares of CID Holdco in the third quarter worth $398,000.

CID Holdco, Inc is a technology company in the Application Software industry.