CID Holdco (NASDAQ:DAIC) Posts Quarterly Earnings Results

CID Holdco (NASDAQ:DAIC) released its earnings results on Tuesday. The company reported ($0.15) EPS for the quarter, FiscalAI reports. The company had revenue of $0.01 million for the quarter.

CID Holdco Stock Performance

Shares of DAIC traded down $0.01 during midday trading on Tuesday, hitting $0.17. The stock had a trading volume of 716,415 shares, compared to its average volume of 749,693. The business has a 50-day simple moving average of $0.21 and a two-hundred day simple moving average of $0.83. CID Holdco has a fifty-two week low of $0.16 and a fifty-two week high of $75.00.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of CID Holdco in a report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On CID Holdco

A number of institutional investors have recently bought and sold shares of the business. Sandia Investment Management LP purchased a new position in shares of CID Holdco during the 2nd quarter valued at $112,000. Bank of America Corp DE acquired a new position in CID Holdco in the 2nd quarter worth about $2,267,000. Mutual Advisors LLC acquired a new position in CID Holdco in the 3rd quarter worth about $701,000. Moore Capital Management LP purchased a new stake in shares of CID Holdco during the 3rd quarter worth about $398,000. Finally, Millennium Management LLC acquired a new stake in shares of CID Holdco during the 3rd quarter valued at about $211,000.

CID Holdco, Inc is a manufacturing company in the Computer Software industry.