CISO Global (NASDAQ:CISO) Trading Down 3.3% – Here’s What Happened

Shares of CISO Global, Inc. (NASDAQ:CISO) were down 3.3% during mid-day trading on Monday . The company traded as low as $0.25 and last traded at $0.2589. Approximately 74,358 shares were traded during trading, a decline of 42% from the average daily volume of 127,674 shares. The stock had previously closed at $0.2676.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of CISO Global from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, CISO Global currently has a consensus rating of “Sell”.

CISO Global Price Performance

The firm has a 50 day moving average of $0.28 and a 200-day moving average of $0.33. The stock has a market capitalization of $11.73 million, a P/E ratio of -1.08 and a beta of 1.74.

CISO Global (NASDAQ:CISO) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($1.05) by $1.01. The company had revenue of $6.22 million during the quarter, compared to the consensus estimate of $12.92 million. CISO Global had a negative return on equity of 32.61% and a negative net margin of 16.69%.

Institutional Investors Weigh In On CISO Global

Several institutional investors and hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC lifted its holdings in shares of CISO Global by 26.7% during the 4th quarter. Geode Capital Management LLC now owns 357,713 shares of the company’s stock worth $172,000 after acquiring an additional 75,367 shares during the period. Jane Street Group LLC acquired a new stake in shares of CISO Global during the 2nd quarter valued at about $94,000. Virtu Financial LLC bought a new stake in CISO Global in the third quarter valued at about $58,000. Finally, XTX Topco Ltd bought a new stake in CISO Global in the second quarter valued at about $37,000. Institutional investors own 40.08% of the company’s stock.

CISO Global Company Profile

CISO Global, Inc (NASDAQ: CISO) is a cybersecurity and risk management firm that delivers a comprehensive suite of services designed to strengthen organizational defenses and ensure regulatory compliance. The company’s core offerings include managed security services, threat monitoring, incident response, vulnerability assessments and penetration testing. By integrating advanced analytics, automated tooling and human expertise, CISO Global aims to protect enterprises from evolving cyber threats while maintaining the integrity of critical systems and data.

In addition to its managed security platform, CISO Global provides advisory and consulting services that cover risk and compliance management, governance framework development, security policy design and third-party risk assessments.