Hub Cyber Security Ltd (NASDAQ:HUBC) shares, rose in value, with the stock price up by 0.88% to the previous day’s close as strong demand from buyers drove the stock to $1.15.
Actively observing the price movement in the last trading, the stock closed the session at $1.14. Referring to stock’s 52-week performance, its high was $11.20, and the low was $0.68. On the whole, HUBC has fluctuated by 29.52% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HUBC’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of HUBC currently trading nearly -5.88% and -3.11% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.38, while the 7-day volatility ratio is showing 13.90% which for the 30-day chart, stands at 23.72%. Furthermore, Hub Cyber Security Ltd (HUBC)’s beta value is -1.97, and its average true range (ATR) is 0.27.
A comparison of Hub Cyber Security Ltd (HUBC) with its peers suggests the former has fared considerably weaker in the market. HUBC showed an intraday change of 0.88% in last session, and over the past year, it shrunk by -89.25%%.
Data on historical trading for Hub Cyber Security Ltd (NASDAQ:HUBC) indicates that the trading volumes over the past 3 months, they’ve averaged 5.05 million. According to company’s latest data on outstanding shares, there are 124.75 million shares outstanding.
Nearly 30.06% of Hub Cyber Security Ltd’s shares belong to company insiders and institutional investors own 0.00% of the company’s shares. The stock has fallen by -47.00% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HUBC stock heading into the next quarter.
