Cyba (LON:CYBA) Trading 6.9% Higher – Here’s Why

Cyba Plc (LON:CYBAGet Free Report) rose 6.9% during mid-day trading on Wednesday . The company traded as high as GBX 1.55 ($0.02) and last traded at GBX 1.55 ($0.02). Approximately 22,111,332 shares were traded during trading, an increase of 1,272% from the average daily volume of 1,611,542 shares. The stock had previously closed at GBX 1.45 ($0.02).

Cyba Price Performance

The business’s 50 day moving average price is GBX 1.55 and its 200 day moving average price is GBX 1.55. The stock has a market capitalization of £26.23 million and a P/E ratio of -3.88.

About Cyba

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Cyba Plc does not have significant operations. It intends to focus on providing cyber and cybersecurity solutions through a combination of strategic acquisitions. The company was formerly known as GCQC plc and changed its name to Cyba Plc in January 2019. Cyba Plc was incorporated in 2018 and is headquartered in London, the United Kingdom.

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