HUB Cyber Security (NASDAQ:HUBC) Shares Down 7.5% – Should You Sell?

HUB Cyber Security Ltd. (NASDAQ:HUBC) shares dropped 7.5% during trading on Friday . The company traded as low as $1.06 and last traded at $1.11. Approximately 1,832,588 shares traded hands during trading, a decline of 37% from the average daily volume of 2,897,588 shares. The stock had previously closed at $1.20.

HUB Cyber Security Stock Down 7.5 %

The company has a 50-day moving average price of $0.65 and a two-hundred day moving average price of $0.59.

Institutional Trading of HUB Cyber Security

An institutional investor recently bought a new position in HUB Cyber Security stock. XTX Topco Ltd bought a new position in shares of HUB Cyber Security Ltd. (NASDAQ:HUBC) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 47,252 shares of the company’s stock, valued at approximately $29,000. XTX Topco Ltd owned about 0.16% of HUB Cyber Security as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 4.70% of the company’s stock.

HUB Cyber Security Company Profile

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.