Hub Cyber Security (NASDAQ:HUBC) Rating Increased to Hold at Wall Street Zen

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

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

Hub Cyber Security Stock Performance

Shares of NASDAQ HUBC opened at $1.08 on Friday. Hub Cyber Security has a 1 year low of $1.01 and a 1 year high of $64,950.00. The firm’s 50 day moving average price is $2.36 and its 200 day moving average price is $1,031.21.

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

Insider Activity

In other Hub Cyber Security news, major shareholder Financial Lp Hrt sold 143,772 shares of Hub Cyber Security stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $2.04, for a total transaction of $293,294.88. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 6.70% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. HRT Financial LP acquired a new stake in shares of Hub Cyber Security in the fourth quarter valued at about $28,000. Goldman Sachs Group Inc. acquired a new stake in Hub Cyber Security during the 1st quarter valued at $65,000. Cresset Asset Management LLC purchased a new stake in Hub Cyber Security during the 3rd quarter worth $133,000. Finally, Bank of America Corp DE purchased a new position in Hub Cyber Security in the 2nd quarter valued at about $266,000. Institutional investors and hedge funds own 4.70% of the company’s stock.

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.