CID Holdco (NASDAQ:DAIC) Cut to “Strong Sell” at Wall Street Zen

Wall Street Zen downgraded shares of CID Holdco (NASDAQ:DAIC) from a sell rating to a strong sell rating in a research note issued to investors on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings upgraded CID Holdco from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, June 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, CID Holdco presently has a consensus rating of “Sell”.

CID Holdco Price Performance

Shares of NASDAQ:DAIC opened at $3.10 on Friday. The company has a 50 day moving average of $1.70 and a 200-day moving average of $3.54. CID Holdco has a twelve month low of $0.37 and a twelve month high of $107.25.

Hedge Funds Weigh In On CID Holdco

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sandia Investment Management LP purchased a new stake in shares of CID Holdco in the second quarter valued at $112,000. Millennium Management LLC acquired a new stake in CID Holdco during the 3rd quarter worth about $211,000. Bank of Montreal Can grew its stake in CID Holdco by 97.0% during the 4th quarter. Bank of Montreal Can now owns 197,008 shares of the company’s stock valued at $88,000 after acquiring an additional 97,000 shares in the last quarter. Moore Capital Management LP acquired a new position in shares of CID Holdco in the 3rd quarter valued at about $398,000. Finally, Bank of America Corp DE acquired a new position in shares of CID Holdco in the 2nd quarter valued at about $2,267,000.

CID Holdco, Inc is a technology company in the Application Software industry.