Understanding CISO Global Inc (NASDAQ: CISO)’s Growth Potential

CISO Global Inc (NASDAQ:CISO) shares, rose in value on Wednesday, April 16, with the stock price down by -0.66% to the previous day’s close as strong demand from buyers drove the stock to $0.45.

Actively observing the price movement in the last trading, the stock closed the session at $0.46, falling within a range of $0.4222 and $0.5151. The value of beta (5-year monthly) was 1.528. Referring to stock’s 52-week performance, its high was $3.84, and the low was $0.26. On the whole, CISO has fluctuated by -43.40% over the past month.

With the market capitalization of CISO Global Inc currently standing at about $7.45 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2023-Nov-12.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CISO’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 50% Sell.

The stock’s technical analysis shows that the price of CISO currently trading nearly 7.44% and -42.11% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.23, while the 7-day volatility ratio is showing 20.71% which for the 30-day chart, stands at 22.02%. Furthermore, CISO Global Inc (CISO)’s average true range (ATR) is 0.10.

A comparison of CISO Global Inc (CISO) with its peers suggests the former has fared considerably weaker in the market. CISO showed an intraday change of -0.66% in last session, and over the past year, it shrunk by -62.27%%.

Data on historical trading for CISO Global Inc (NASDAQ:CISO) indicates that the trading volumes over the past 10 days have averaged 2.55 and over the past 3 months, they’ve averaged 3.19 million. According to company’s latest data on outstanding shares, there are 11.82 million shares outstanding.

Nearly 55.84% of CISO Global Inc’s shares belong to company insiders and institutional investors own 2.10% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.41 million shares as on 2025-03-31, resulting in a short ratio of 0.32. According to the data, the short interest in CISO Global Inc (CISO) stood at 2073.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.13 million. The stock has fallen by -86.95% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CISO stock heading into the next quarter.

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