If You Don’t Buy Hub Cyber Security Ltd (NASDAQ: HUBC) Now, You’ll Regret It Later

The trading price of Hub Cyber Security Ltd (NASDAQ:HUBC) closed lower on Monday, April 22, closing at $1.33, -2.21% lower than its previous close.

In examining the 52-week price action we see that the stock hit a 52-week high of $11.50 and a 52-week low of $0.68. Over the past month, the stock has gained 30.39% in value.

Hub Cyber Security Ltd, whose market valuation is $165.92 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Hub Cyber Security Ltd No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest HUBC has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.

A quick review shows that HUBC’s price is currently 13.19% off the SMA20 and 10.72% off the SMA50. The RSI metric on the 14-day chart is currently showing 51.44, and weekly volatility stands at 20.98%. When measured over the past 30 days, the indicator reaches 23.28%. Hub Cyber Security Ltd (NASDAQ:HUBC)’s beta value is currently sitting at -2.19, while the Average True Range indicator is currently displaying 0.30.

To see how Hub Cyber Security Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: HUBC stock’s performance was -2.21% in the latest trading, and -88.23% in the past year.

An evaluation of the daily trading volume of Hub Cyber Security Ltd (NASDAQ:HUBC) indicates that the 3-month average is 4.96 million.

Currently, records show that 124.75 million of the company’s shares remain outstanding. The insiders hold 30.06% of outstanding shares, whereas institutions hold 0.00%. However, since the stock’s price has seen -38.71% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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