Hub Cyber Security (NASDAQ:HUBC) Cut to Sell at Wall Street Zen

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

Hub Cyber Security Stock Performance

HUBC stock opened at $2.25 on Friday. Hub Cyber Security has a 1 year low of $1.72 and a 1 year high of $14.00. The business has a 50 day simple moving average of $2.81 and a 200-day simple moving average of $2.85.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Hub Cyber Security stock. Bank of America Corp DE acquired a new stake in Hub Cyber Security Ltd. (NASDAQ:HUBC) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 138,448 shares of the company’s stock, valued at approximately $266,000. Bank of America Corp DE owned 1.38% of Hub Cyber Security at the end of the most recent quarter. 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.