HUB Cyber Security (NASDAQ:HUBC) Trading 5.9% Higher – Still a Buy?

HUB Cyber Security Ltd. (NASDAQ:HUBC) was up 5.9% during mid-day trading on Monday . The company traded as high as $0.60 and last traded at $0.58. Approximately 566,901 shares traded hands during 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 company has a 50-day moving average price of $0.52 and a 200-day moving average price of $0.66.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in HUB Cyber Security stock. XTX Topco Ltd acquired a new stake in HUB Cyber Security Ltd. (NASDAQ:HUBC) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 47,252 shares of the company’s stock, valued at approximately $29,000. XTX Topco Ltd owned about 0.16% of HUB Cyber Security at the end of the most recent quarter. Institutional investors and hedge funds own 4.70% of the company’s stock.

About HUB Cyber Security

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.