HUB Cyber Security (NASDAQ:HUBC) Shares Up 5.9% – Time to Buy?

HUB Cyber Security Ltd. (NASDAQ:HUBC)’s stock price rose 5.9% on Monday . The stock traded as high as $0.60 and last traded at $0.58. Approximately 566,901 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 1,968,237 shares. The stock had previously closed at $0.55.

HUB Cyber Security Trading Down 4.6 %

The business’s 50 day moving average price is $0.52 and its 200-day moving average price is $0.66.

Hedge Funds Weigh In On HUB Cyber Security

An institutional investor recently bought a new position in HUB Cyber Security stock. XTX Topco Ltd acquired a new position in HUB Cyber Security Ltd. (NASDAQ:HUBC) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 47,252 shares of the company’s stock, valued at approximately $29,000. XTX Topco Ltd owned approximately 0.16% of HUB Cyber Security as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 4.70% of the company’s stock.

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.