HUB Cyber Security (NASDAQ:HUBC) Stock Price Up 5.9% – Time to Buy?

HUB Cyber Security Ltd. (NASDAQ:HUBC)’s share price shot up 5.9% on Monday . The company traded as high as $0.60 and last traded at $0.58. 566,901 shares traded hands during trading, a decline of 71% from the average session volume of 1,968,237 shares. The stock had previously closed at $0.55.

HUB Cyber Security Stock Performance

The business has a 50 day moving average of $0.51 and a 200 day moving average of $0.66.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in HUB Cyber Security stock. XTX Topco Ltd bought a new stake in shares of HUB Cyber Security Ltd. (NASDAQ:HUBC) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 47,252 shares of the company’s stock, valued at approximately $29,000. XTX Topco Ltd owned approximately 0.16% of HUB Cyber Security at the end of the most recent reporting period. 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.