The stock of HUB Cyber Security Ltd. (NASDAQ:HUBC) increased by $0.03 on Friday to finish at $0.40, up 8.11 percent. The last five days have seen an average of 410,300 shares of common stock traded. The average number of shares traded over the last 20 days was 1,214,005, while the average volume over the last 50 days totaled 1,193,732.
HUBC stock dropped -12.47% since last month. On 08/24/23, the company’s shares reached a one-month low of $0.3650. The stock touched a high of $23.83, after rallying from a low of $0.33 in 52 weeks. The price of HUBC stock has declined by -97.69%. Still, the stock price is down -98.32% from the 52-week high.
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Valuation Metrics
Beta for the stock is -0.62. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.46, the price-to-book (PB) ratio of 6.67.
Financial Health
For the recent quarter, HUB Cyber Security Ltd.’s quick ratio was 0.50, while its current ratio was 0.60, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.78, and the total debt to equity ratio is 3.11. As far as profitability goes, gross margin for the trailing twelve months is 8.10% percent. HUB Cyber Security Ltd.’s operating margin stood at -99.80% for the same period. Based on annual data, it had gross profit of $6.45 million and revenue of $79.74 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. There was a -203.50% return on investment (ROI) in the past year.
Earnings Surprise
Net income for the quarter came in at $79.74 million, while revenues rose by 100.0% to $0.0. At the end of HUB Cyber Security Ltd.’s most recent quarter, its liabilities totaled 38.6 million, while its total debt was $19.88 million.
Technical Picture
Here’s a quick look at HUB Cyber Security Ltd.’s (HUBC) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 39.70%, suggesting the stock is Neutral, with a 155.97% historical volatility rate.
The stochastic %K and %D were 6.70% and 5.34% respectively, while the average true range (ATR) was 0.0711. Based on the 14-day stochastic reading of 12.73%, the RSI (14) reading is 42.27%. On the 9-day MACD Oscillator, the stock is at -0.0547, and the 14-day reading is at -0.0799.
Analyst Ratings
Analysts have assigned HUB Cyber Security Ltd. (HUBC) an – rating. HUBC is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.
