CID Holdco (NASDAQ:DAIC) Lowered to Strong Sell Rating by Wall Street Zen

Wall Street Zen downgraded shares of CID Holdco (NASDAQ:DAIC) from a sell rating to a strong sell rating in a research note published on Saturday morning,Wall Street Zen reports.

Separately, Weiss Ratings raised shares of CID Holdco from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, June 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

CID Holdco Stock Performance

Shares of NASDAQ:DAIC opened at $3.10 on Friday. CID Holdco has a 52 week low of $0.37 and a 52 week high of $107.25. The company’s fifty day moving average is $1.67 and its 200-day moving average is $3.59.

Hedge Funds Weigh In On CID Holdco

A number of institutional investors and hedge funds have recently bought and sold shares of DAIC. Bank of Montreal Can grew its holdings in shares of CID Holdco by 97.0% during the fourth quarter. Bank of Montreal Can now owns 197,008 shares of the company’s stock worth $88,000 after purchasing an additional 97,000 shares during the last quarter. Sandia Investment Management LP bought a new position in shares of CID Holdco in the second quarter valued at about $112,000. Millennium Management LLC bought a new position in shares of CID Holdco in the third quarter valued at about $211,000. Bank of America Corp DE acquired a new position in CID Holdco during the 2nd quarter worth about $2,267,000. Finally, Moore Capital Management LP acquired a new position in CID Holdco during the 3rd quarter worth about $398,000.

CID Holdco, Inc is a technology company in the Application Software industry.