Wall Street Zen Downgrades Hub Cyber Security (NASDAQ:HUBC) to Sell

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

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

Hub Cyber Security Stock Performance

Shares of NASDAQ HUBC opened at $0.67 on Friday. The business has a fifty day simple moving average of $1.02 and a 200 day simple moving average of $219.50. Hub Cyber Security has a one year low of $0.65 and a one year high of $41,548.50.

Hub Cyber Security (NASDAQ:HUBC) last posted its quarterly earnings results on Friday, July 17th. The company reported ($52.60) earnings per share for the quarter. The business had revenue of $8.28 million for the quarter.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in HUBC. HRT Financial LP acquired a new stake in shares of Hub Cyber Security in the 4th quarter valued at $28,000. Goldman Sachs Group Inc. acquired a new stake in shares of Hub Cyber Security during the 1st quarter worth about $65,000. Cresset Asset Management LLC acquired a new stake in shares of Hub Cyber Security during the 3rd quarter worth about $133,000. Finally, Bank of America Corp DE acquired a new position in Hub Cyber Security in the second quarter valued at about $266,000. 4.70% of the stock is owned by institutional investors.

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.