Hub Cyber Security Ltd (NASDAQ:HUBC) traded with an addition of $0.03 to close at $0.25on Friday, an upside of 14.57 percent. An average of 618,004 shares of common stock have been traded in the last five days. There was a gain of $0.0089 in the past week. The last 20 days have seen an average of 634,546 shares traded, while the 50-day average volume stands at 849,234.
HUBC stock has decreased by -33.74% in the last month. The company shares reached their 1-month lowest point of $0.2049 on 09/28/23. Shares of the company touched a low of $0.20 and a high of $23.83 in 52 weeks. In spite of this, the price is down -98.94% from the 52-week high.
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Valuation Metrics
Hub Cyber Security Ltd (HUBC) has a trailing price-to-earnings (P/E) ratio of N/A for the broader industry. The stock’s beta is -0.52. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.45, the price-to-book (PB) ratio at 0.57.
Financial Health
The quick ratio of Hub Cyber Security Ltd for the recent quarter was 1.33, and the current ratio was 1.38, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.16 and a total debt to equity ratio of 0.38 for the recent quarter. Its gross profit as reported stood at $6.45 million compared to revenue of $79.74 million.
Earnings Surprise
For the recent quarter, Hub Cyber Security Ltd had $0.89 million in total debt. The company posted a net income of -$81.6 million in the quarter, while revenues were grew 100.0%.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Hub Cyber Security Ltd (HUBC) price momentum. RSI 9-day as of the close on 28 September was 37.29%, suggesting the stock is Neutral, with historical volatility in this time frame at 97.81%.
As of today, HUBC’s price is $0.2389 +3.85% or $0.0089 from its 5-day moving average. HUBC is currently trading -35.14% lower than its 20-day SMA and -62.50% lower than its 100-day SMA. However, the stock’s current price level is -36.89% below the SMA50.
The stochastic %K and %D were 15.17% and 13.57%, respectively, and the average true range (ATR) was 0.0336. With the 14-day stochastic at 25.70% and the average true range at 0.0395, the RSI (14) stands at 36.86%. The stock has reached -0.0153 on the 9-day MACD Oscillator while the 14-day reading was at -0.0317.
