Hub Cyber Security (NASDAQ:HUBC) Stock Rating Upgraded by Wall Street Zen

Hub Cyber Security (NASDAQ:HUBC) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

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

Hub Cyber Security Stock Performance

Shares of HUBC stock opened at $1.08 on Friday. Hub Cyber Security has a 12-month low of $1.01 and a 12-month high of $64,950.00. The firm’s 50 day moving average is $2.36 and its 200 day moving average is $1,031.21.

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

Insider Buying and Selling

In other Hub Cyber Security news, major shareholder Financial Lp Hrt sold 143,772 shares of the company’s 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 Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 6.70% of the company’s stock.

Institutional Investors Weigh In On Hub Cyber Security

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

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.