Hub Cyber Security (NASDAQ:HUBC) Upgraded to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of Hub Cyber Security (NASDAQ:HUBC) from a sell rating to a hold rating in a research note released on Sunday morning.

Hub Cyber Security Trading Down 3.9%

Shares of Hub Cyber Security stock opened at $1.97 on Friday. Hub Cyber Security has a 12 month low of $1.72 and a 12 month high of $14.00. The business’s 50-day moving average price is $2.58 and its 200-day moving average price is $2.76.

Hedge Funds Weigh In On Hub Cyber Security

A hedge fund recently bought a new stake in Hub Cyber Security stock. Goldman Sachs Group Inc. purchased a new position in Hub Cyber Security Ltd. (NASDAQ:HUBC) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 22,779 shares of the company’s stock, valued at approximately $65,000. Goldman Sachs Group Inc. owned about 0.65% of Hub Cyber Security as of its most recent SEC filing. Institutional investors and hedge funds 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.