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Cerberus Cyber Sentinel (OTC:CISO) Shares Down 5.2%

Defense World ·  Jan 25, 2023 03:31

Shares of Cerberus Cyber Sentinel Co. (OTC:CISO – Get Rating) fell 5.2% during trading on Tuesday . The company traded as low as $1.82 and last traded at $1.84. 234,282 shares traded hands during mid-day trading, an increase of 129% from the average session volume of 102,175 shares. The stock had previously closed at $1.94.

Analysts Set New Price Targets

Separately, Cantor Fitzgerald began coverage on Cerberus Cyber Sentinel in a research note on Thursday, October 20th. They issued an "overweight" rating and a $5.00 target price for the company.

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Cerberus Cyber Sentinel Price Performance

The company has a quick ratio of 0.80, a current ratio of 0.82 and a debt-to-equity ratio of 0.08. The stock has a 50 day simple moving average of $2.61 and a 200 day simple moving average of $2.91.

Hedge Funds Weigh In On Cerberus Cyber Sentinel

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. State Street Corp raised its holdings in shares of Cerberus Cyber Sentinel by 13.9% during the third quarter. State Street Corp now owns 834,832 shares of the company's stock valued at $2,463,000 after buying an additional 101,923 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Cerberus Cyber Sentinel by 6.7% during the third quarter. Vanguard Group Inc. now owns 760,922 shares of the company's stock valued at $2,244,000 after buying an additional 48,039 shares during the last quarter. BlackRock Inc. bought a new stake in shares of Cerberus Cyber Sentinel during the first quarter valued at approximately $2,545,000. Northern Trust Corp raised its holdings in shares of Cerberus Cyber Sentinel by 451.4% during the second quarter. Northern Trust Corp now owns 375,758 shares of the company's stock valued at $1,352,000 after buying an additional 307,614 shares during the last quarter. Finally, Stableford Capital II LLC bought a new stake in shares of Cerberus Cyber Sentinel during the second quarter valued at approximately $870,000. 4.82% of the stock is currently owned by institutional investors and hedge funds.

Cerberus Cyber Sentinel Company Profile

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Cerberus Cyber Sentinel Corporation operates as a security services company in the United States. Its cybersecurity services include managed security, cybersecurity consulting, compliance auditing, vulnerability assessment, penetration testing, disaster recovery, and data backup solutions and cybersecurity training services, as well as security operations center set-up and consulting services.

Further Reading

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