Hub Cyber Security (NASDAQ:HUBC) Stock Price Up 4.7% – Time to Buy?

Hub Cyber Security Ltd. (NASDAQ:HUBC) traded up 4.7% during mid-day trading on Tuesday . The stock traded as high as $1.39 and last traded at $1.35. 437,651 shares traded hands during mid-day trading, an increase of 42% from the average session volume of 308,975 shares. The stock had previously closed at $1.29.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on HUBC shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Hub Cyber Security in a research report on Thursday, January 22nd. Wall Street Zen cut Hub Cyber Security from a “hold” rating to a “strong sell” rating in a report on Saturday, January 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Hub Cyber Security presently has an average rating of “Sell”.

Hub Cyber Security Trading Up 4.7%

The business’s fifty day moving average price is $3.68 and its 200 day moving average price is $16.55.

Institutional Investors Weigh In On Hub Cyber Security

A number of institutional investors have recently added to or reduced their stakes in HUBC. HRT Financial LP bought a new stake in shares of Hub Cyber Security in the 4th quarter valued at approximately $28,000. Cresset Asset Management LLC acquired a new stake in Hub Cyber Security in the 3rd quarter valued at $133,000. Bank of America Corp DE acquired a new stake in Hub Cyber Security in the 2nd quarter valued at $266,000. Finally, Goldman Sachs Group Inc. bought a new stake in Hub Cyber Security in the first quarter valued at $65,000. 4.70% of the stock is owned by institutional investors and hedge funds.

Hub Cyber Security Company Profile

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.