CISO Global Inc (NASDAQ:CISO) price on current trading day, rose 23.84% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.51.
A look at the stock’s price movement, the level at last check in today’s session was $0.41, moving within a range at $0.455 and $0.5861. The beta value (5-Year monthly) was 1.638. Turning to its 52-week performance, $3.60 and $0.26 were the 52-week high and 52-week low respectively. Overall, CISO moved -5.13% over the past month.
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CISO Global Inc’s market cap currently stands at around $6.06 million, with investors looking forward to this quarter’s earnings report slated for in September.
Analysts have a consensus estimate of 13.74M for the company’s revenue for the quarter, with a low and high estimate of 20.19M and 20.19M respectively. The average forecast suggests down to a -6.80% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 57.06M, representing a 22.60% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CISO is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
CISO’s current price about 15.73% and -8.04% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.09, while 7-day volatility ratio is 11.58% and 16.40% in the 30-day chart. Further, CISO Global Inc (CISO) has a beta value of 0, and an average true range (ATR) of 0.07.
If we refocus on CISO Global Inc (NASDAQ:CISO), historical trading data shows that trading volumes averaged 0.11 over the past 10 days and 206.27K over the past 3 months. The company’s latest data on shares outstanding shows there are 11.95 million shares.
The 47.39% of CISO Global Inc’s shares are in the hands of company insiders while institutional holders own 3.36% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.33 million on 2024-07-31, giving us a short ratio of 0.81. The data shows that as of 2024-07-31 short interest in CISO Global Inc (CISO) stood at 438.99998 of shares outstanding, with shares short rising to 0.11 million registered in 2024-06-28. Current price change has pushed the stock -66.38% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CISO stock continues to rise going into the next quarter.
