Hub Cyber Security (NASDAQ:HUBC) Announces Earnings Results

Hub Cyber Security (NASDAQ:HUBC) posted its quarterly earnings results on Friday. The company reported $30,359.70 EPS for the quarter, FiscalAI reports. The company had revenue of $8.28 million during the quarter.

Hub Cyber Security Trading Up 1.7%

HUBC opened at $1.20 on Friday. The stock has a 50-day moving average price of $2.57 and a 200-day moving average price of $1,244.07. Hub Cyber Security has a 12-month low of $1.13 and a 12-month high of $66,450.00.

Insider Buying and Selling at Hub Cyber Security

In related news, major shareholder Financial Lp Hrt sold 143,772 shares of Hub Cyber Security stock in a transaction on Monday, June 8th. The shares were sold at an average price of $2.04, for a total value of $293,294.88. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 6.70% of the company’s stock.

Institutional Trading of Hub Cyber Security

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Cresset Asset Management LLC purchased a new position in shares of Hub Cyber Security in the 3rd quarter valued at approximately $133,000. Bank of America Corp DE bought a new position in Hub Cyber Security during the second quarter valued at approximately $266,000. Goldman Sachs Group Inc. bought a new stake in Hub Cyber Security in the 1st quarter worth approximately $65,000. Finally, HRT Financial LP purchased a new stake in Hub Cyber Security during the 4th quarter valued at $28,000. 4.70% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of Hub Cyber Security from a “hold” rating to a “sell” rating in a research report on Saturday, June 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Hub Cyber Security Company Profile

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.