Hub Cyber Security (NASDAQ:HUBC) Upgraded at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of Hub Cyber Security (NASDAQ:HUBC – Free Report) from a sell rating to a hold rating in a research report report published on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Hub Cyber Security in a research report on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Read Our Latest Stock Report on HUBC

Hub Cyber Security Stock Down 4.6%

Shares of HUBC opened at $1.03 on Friday. Hub Cyber Security has a 1 year low of $0.98 and a 1 year high of $64,950.00. The stock has a 50 day simple moving average of $2.33 and a two-hundred day simple moving average of $958.65.

Hub Cyber Security (NASDAQ:HUBC – Get Free Report) last posted its quarterly earnings results on Friday, July 17th. The company reported $30,359.70 EPS for the quarter. The business had revenue of $8.28 million for the quarter.

Insider Activity

In other news, major shareholder Financial Lp Hrt bought 341,196 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were bought at an average cost of $0.21 per share, with a total value of $71,651.16. Following the completion of the purchase, the insider directly owned 595,325 shares in the company, valued at $125,018.25. This represents a 134.26% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at 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. HRT Financial LP purchased a new stake in Hub Cyber Security during the 4th quarter valued at $28,000. Goldman Sachs Group Inc. bought a new position in shares of Hub Cyber Security during the first quarter valued at about $65,000. Cresset Asset Management LLC bought a new position in shares of Hub Cyber Security during the third quarter valued at about $133,000. Finally, Bank of America Corp DE bought a new position in shares of Hub Cyber Security during the second quarter valued at about $266,000. 4.70% of the stock is currently owned by institutional investors.

About Hub Cyber Security

(Get Free Report)

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.

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