Cyba (LON:CYBA) Stock Price Up 6.9% – Still a Buy?

Cyba Plc (LON:CYBAGet Free Report)’s stock price shot up 6.9% during trading on Thursday . The company traded as high as GBX 1.55 ($0.02) and last traded at GBX 1.55 ($0.02). 22,111,332 shares changed hands during mid-day trading, an increase of 1,272% from the average session volume of 1,611,542 shares. The stock had previously closed at GBX 1.45 ($0.02).

Cyba Stock Performance

The business has a fifty day moving average price of GBX 1.55 and a two-hundred day moving average price of GBX 1.55. The firm has a market capitalization of £26.23 million and a PE ratio of -3.88.

About Cyba

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Cyba Plc does not have significant operations. It intends to focus on providing cyber and cybersecurity solutions through a combination of strategic acquisitions. The company was formerly known as GCQC plc and changed its name to Cyba Plc in January 2019. Cyba Plc was incorporated in 2018 and is headquartered in London, the United Kingdom.

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