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 report sent to investors on Sunday morning.

Hub Cyber Security Stock Down 3.6%

Shares of HUBC stock opened at $1.90 on Friday. Hub Cyber Security has a 12 month low of $1.72 and a 12 month high of $14.00. The company has a 50 day simple moving average of $2.67 and a two-hundred day simple moving average of $2.78.

Institutional Trading of Hub Cyber Security

A hedge fund recently bought a new stake in Hub Cyber Security stock. Goldman Sachs Group Inc. bought a new stake in shares of Hub Cyber Security Ltd. (NASDAQ:HUBC) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 22,779 shares of the company’s stock, valued at approximately $65,000. Goldman Sachs Group Inc. owned about 0.65% of Hub Cyber Security at the end of the most recent quarter. 4.70% of the stock is owned by institutional investors and hedge funds.

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.