CISO Global Inc (NASDAQ:CISO) does about 5.19M shares in volume on a normal day but saw 1645591 shares change hands in the recent trading day. The company now has a market cap of 40.69M USD. Its current market price is $1.27, marking an increase of 4.96% compared to the previous close of $1.21. The 52 week high reached by this stock is $3.84 whilst the lowest price level in 52 weeks is $0.26.
CISO Global Inc (CISO) has a 20-day trading average at $0.8076 and the current price is -66.93% off the 52-week high compared with 388.46% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.6769 and its 200-day simple moving average is $0.9287. If we look at the stock’s price movements over the week, volatility stands at 24.37%, which decreases to 21.92% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 68.83 to suggest the stock is neutral.
The consensus objective for the share price is $15.00, suggesting that the stock has a potential upside of 91.53% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on October 21, 2022 when Cantor Fitzgerald initiated the stock to “Overweight” and issued a price target of $5.
The current price level is 57.26%, 87.65%, and 36.76% away from its SMA20, SMA50, and SMA200 respectively, with the CISO price moving below the 50-day SMA on current market day. CISO Global Inc (CISO) stock is up 25.74% over the week and 180.48% over the past month. Its price is -63.40% year-to-date and 54.82% over the past year.
To reach the target analysts have set, the stock logically needs to grow 91.53 percent from here.
Outstanding shares total 29.82M with insiders holding 20.15% of the shares and institutional holders owning 1.46% of the company’s common stock. The company has a return on investment of -313.52% and return on equity of -215.99%. Price to book ratio is 5.43 and price to sales ratio is 1.36.
