CID Holdco (NASDAQ:DAIC) Stock Rating Lowered by Wall Street Zen

CID Holdco (NASDAQ:DAIC) was downgraded by Wall Street Zen from a “sell” rating to a “strong sell” rating in a report released on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings upgraded shares of CID Holdco from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, June 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

CID Holdco Price Performance

Shares of DAIC stock opened at $3.10 on Friday. CID Holdco has a one year low of $0.37 and a one year high of $107.25. The company’s 50-day moving average is $1.67 and its 200 day moving average is $3.57.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Sandia Investment Management LP bought a new stake in CID Holdco in the 2nd quarter worth about $112,000. Millennium Management LLC purchased a new position in CID Holdco in the 3rd quarter worth about $211,000. Bank of Montreal Can raised its position in CID Holdco by 97.0% in the 4th quarter. Bank of Montreal Can now owns 197,008 shares of the company’s stock worth $88,000 after buying an additional 97,000 shares during the last quarter. Moore Capital Management LP bought a new position in CID Holdco during the 3rd quarter valued at about $398,000. Finally, Bank of America Corp DE bought a new position in CID Holdco during the 2nd quarter valued at about $2,267,000.

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