Hub Cyber Security (NASDAQ:HUBC) Downgraded by Wall Street Zen to “Sell”

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

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Hub Cyber Security in a research note on Tuesday, July 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Hub Cyber Security currently has an average rating of “Sell”.

Hub Cyber Security Stock Performance

Hub Cyber Security stock opened at $0.67 on Friday. The business has a 50 day simple moving average of $1.02 and a 200-day simple moving average of $236.15. Hub Cyber Security has a 12 month low of $0.65 and a 12 month high of $41,548.50.

Hub Cyber Security (NASDAQ:HUBC) last posted its quarterly earnings data on Friday, July 17th. The company reported ($52.60) earnings per share for the quarter. The company had revenue of $8.28 million for the quarter.

Insider Activity at Hub Cyber Security

In related 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 stock was sold at an average price of $2.04, for a total value of $293,294.88. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 6.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Bank of America Corp DE purchased a new stake in shares of Hub Cyber Security during the 2nd quarter worth $266,000. HRT Financial LP purchased a new position in shares of Hub Cyber Security in the 4th quarter valued at about $28,000. Cresset Asset Management LLC purchased a new position in shares of Hub Cyber Security in the 3rd quarter valued at about $133,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of Hub Cyber Security in the 1st quarter valued at about $65,000. Hedge funds and other institutional investors 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.