The stock price of CISO Global Inc (NASDAQ: CISO) has plunged by -18.20 when compared to previous closing price of 0.44, but the company has seen a -34.89% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-07-19 that Scottsdale, Ariz., July 19, 2024 (GLOBE NEWSWIRE) — CISO Global (NASDAQ: CISO), CISO Global, an industry leader in proprietary software, managed cybersecurity, and compliance, announces that it has successfully identified and implemented a comprehensive solution to address the recent security incident involving CrowdStrike and Microsoft.
Is It Worth Investing in CISO Global Inc (NASDAQ: CISO) Right Now?
Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for CISO is 6.48M, and currently, short sellers hold a 1.63% ratio of that float. The average trading volume of CISO on August 06, 2024 was 189.44K shares.
CISO’s Market Performance
CISO’s stock has seen a -34.89% decrease for the week, with a -37.28% drop in the past month and a -66.04% fall in the past quarter. The volatility ratio for the week is 20.66%, and the volatility levels for the past 30 days are at 12.65% for CISO Global Inc The simple moving average for the last 20 days is -35.27% for CISO stock, with a simple moving average of -71.46% for the last 200 days.
Analysts’ Opinion of CISO
Many brokerage firms have already submitted their reports for CISO stocks, with Cantor Fitzgerald repeating the rating for CISO by listing it as a “Overweight.” The predicted price for CISO in the upcoming period, according to Cantor Fitzgerald is $5 based on the research report published on October 21, 2022 of the previous year 2022.
CISO Trading at -44.73% from the 50-Day Moving Average
After a stumble in the market that brought CISO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.99% of loss for the given period.
Volatility was left at 12.65%, however, over the last 30 days, the volatility rate increased by 20.66%, as shares sank -35.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -55.86% lower at present.
During the last 5 trading sessions, CISO fell by -34.89%, which changed the moving average for the period of 200-days by -80.23% in comparison to the 20-day moving average, which settled at $0.5465. In addition, CISO Global Inc saw -76.38% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CISO
Current profitability levels for the company are sitting at:
- -0.88 for the present operating margin
- 0.12 for the gross margin
The net margin for CISO Global Inc stands at -0.94. The total capital return value is set at -3.27. Equity return is now at value -163.03, with -78.99 for asset returns.
Based on CISO Global Inc (CISO), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at -0.34. The debt to equity ratio resting at 1.37. The interest coverage ratio of the stock is -26.67.
Currently, EBITDA for the company is -29.22 million with net debt to EBITDA at -0.68. When we switch over and look at the enterprise to sales, we see a ratio of 0.34. The receivables turnover for the company is 14.03for trailing twelve months and the total asset turnover is 1.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.20.
Conclusion
To put it simply, CISO Global Inc (CISO) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
