CISO Global Inc (NASDAQ: CISO) has seen a rise in its stock price by 27.27 in relation to its previous close of 0.49. However, the company has experienced a 44.89% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-08-22 that AI-Powered Security Solution Blocks Over 87,000 Hack Attempts in Just 6 Hours Scottsdale, Ariz., Aug. 22, 2024 (GLOBE NEWSWIRE) — CISO Global, Inc., (NASDAQ: CISO) an industry leader in proprietary software, managed cybersecurity, and compliance, announces the continued success of its AI-powered CISO Edge security platform at the 2024 annual Black Hat USA and DEF CON 32 conferences in Las Vegas.
Is It Worth Investing in CISO Global Inc (NASDAQ: CISO) Right Now?
There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for CISO is 6.22M, and at present, short sellers hold a 5.24% of that float. The average trading volume of CISO on August 26, 2024 was 696.43K shares.
CISO’s Market Performance
CISO stock saw an increase of 44.89% in the past week, with a monthly gain of 11.09% and a quarterly increase of -25.03%. The volatility ratio for the week is 22.35%, and the volatility levels for the last 30 days are 19.02% for CISO Global Inc (CISO). The simple moving average for the last 20 days is 41.17% for CISO stock, with a simple moving average of -47.39% 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 12.26% 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 -82.76% of loss for the given period.
Volatility was left at 19.02%, however, over the last 30 days, the volatility rate increased by 22.35%, as shares surge +13.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.76% lower at present.
During the last 5 trading sessions, CISO rose by +44.89%, which changed the moving average for the period of 200-days by -62.42% in comparison to the 20-day moving average, which settled at $0.4430. In addition, CISO Global Inc saw -59.32% 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:
- -0.51 for the present operating margin
- 0.14 for the gross margin
The net margin for CISO Global Inc stands at -0.66. The total capital return value is set at -3.9. Equity return is now at value -153.12, with -51.97 for asset returns.
Based on CISO Global Inc (CISO), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at -0.25. The debt to equity ratio resting at 2.31. The interest coverage ratio of the stock is -55.27.
Currently, EBITDA for the company is -29.22 million with net debt to EBITDA at -0.69. When we switch over and look at the enterprise to sales, we see a ratio of 0.41. The receivables turnover for the company is 20.47for trailing twelve months and the total asset turnover is 1.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.51.
Conclusion
In summary, CISO Global Inc (CISO) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
