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

CID Holdco (NASDAQ:DAIC) was upgraded by research analysts at Wall Street Zen to a “sell” rating in a research note issued on Saturday.

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

CID Holdco Price Performance

Shares of NASDAQ:DAIC opened at $1.31 on Friday. The firm’s 50 day simple moving average is $2.40 and its 200-day simple moving average is $5.27. CID Holdco has a one year low of $1.12 and a one year high of $135.75.

CID Holdco (NASDAQ:DAIC) last posted its quarterly earnings results on Tuesday, May 12th. The company reported ($3.75) earnings per share for the quarter. The firm had revenue of $0.01 million for the quarter.

Hedge Funds Weigh In On CID Holdco

A number of large investors have recently added to or reduced their stakes in the company. Blue Owl Capital Holdings LP bought a new stake in shares of CID Holdco in the 4th quarter valued at about $251,000. Bank of America Corp DE bought a new position in shares of CID Holdco during the 2nd quarter worth approximately $2,267,000. Moore Capital Management LP bought a new position in shares of CID Holdco during the 3rd quarter worth approximately $398,000. Bank of Montreal Can lifted its position in CID Holdco by 97.0% during the fourth 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 during the last quarter. Finally, Millennium Management LLC purchased a new stake in CID Holdco during the third quarter valued at approximately $211,000.

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