Hub Cyber Security Ltd (NASDAQ: HUBC) Now -94.75% Off Its High ($9.40), Does Analysts See Headwinds And Risks?

Hub Cyber Security Ltd (NASDAQ:HUBC) currently has a daily average trading volume of 779.29K but it saw 865045 shares traded in last market. With a market cap of 4.85M USD, the company’s current market price of $0.49 came falling about -1.65 while comparing to the previous closing price of $0.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.40 and as low as $0.49. In the recent trading on the day, stock has struck highest price mark of $0.48 while lowest mark touched by it was $0.5065.

Taking a look at 20-day trading activity of Hub Cyber Security Ltd (HUBC) gives us an average price of $0.6833, while its current price level is -94.75% below from 52-week high level whereas it is 0.67% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.7362 while that of 200 days or SMA-200 reads an average of $1.4166. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.70% during that period while stretching the period over a month that decreases to 11.56%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 29.05 which implies that the stock is in oversold territory.

Over the week, HUBC’s stock price is moving -27.88% down while it is -29.73% when we observe its performance for the past one month. Year-to-date it is -77.27% down and over the past year, the stock is showing a downside performance of -88.56%.

Currently, Hub Cyber Security Ltd’s total number of outstanding shares is 11.85M. Stock’s beta reads -1.83. Stock has a price to sale or P/S ratio amounts to 0.11.