SOBR Safe (NASDAQ:SOBR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of SOBR Safe (NASDAQ:SOBR) to a sell rating in a report released on Saturday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of SOBR Safe in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

SOBR Safe Stock Up 5.0%

Shares of SOBR stock opened at $0.56 on Friday. The company has a market cap of $1.56 million, a P/E ratio of -0.10 and a beta of 1.23. The business has a 50 day moving average of $0.86 and a two-hundred day moving average of $0.94. SOBR Safe has a 52 week low of $0.35 and a 52 week high of $3.97.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SOBR Safe stock. XTX Topco Ltd bought a new position in SOBR Safe, Inc. (NASDAQ:SOBR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,695 shares of the company’s stock, valued at approximately $34,000. XTX Topco Ltd owned about 1.04% of SOBR Safe at the end of the most recent quarter. 7.93% of the stock is owned by institutional investors.

About SOBR Safe

SOBR Safe, Inc (NASDAQ: SOBR) is a technology company specializing in the development and commercialization of cognitive impairment monitoring solutions. The company’s flagship offerings consist of handheld breath alcohol screening devices and integrated cognitive assessment tools designed to detect impairment in real time. SOBR Safe’s product line pairs portable breathalyzers with proprietary software that captures, records and analyzes impairment data to help organizations maintain safety and compliance standards.

Founded in 2020 and headquartered in Vancouver, Canada, SOBR Safe has focused on research and development of non-invasive impairment detection technology.