CISO Global (NASDAQ:CISO) Trading Down 3.3% – What’s Next?

Shares of CISO Global, Inc. (NASDAQ:CISO) dropped 3.3% on Monday . The stock traded as low as $0.25 and last traded at $0.2589. 74,358 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 127,674 shares. The stock had previously closed at $0.2676.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded CISO Global from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

CISO Global Trading Down 3.3%

The company’s fifty day moving average price is $0.28 and its two-hundred day moving average price is $0.33. The firm has a market cap of $11.73 million, a P/E ratio of -1.08 and a beta of 1.74.

CISO Global (NASDAQ:CISO) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.05) by $1.01. The firm had revenue of $6.22 million during the quarter, compared to the consensus estimate of $12.92 million. CISO Global had a negative net margin of 16.69% and a negative return on equity of 32.61%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of CISO. XTX Topco Ltd bought a new position in shares of CISO Global in the second quarter valued at approximately $37,000. Virtu Financial LLC bought a new stake in CISO Global during the 3rd quarter worth approximately $58,000. Jane Street Group LLC bought a new stake in CISO Global during the 2nd quarter worth approximately $94,000. Finally, Geode Capital Management LLC increased its holdings in CISO Global by 280.8% during the 2nd quarter. Geode Capital Management LLC now owns 228,690 shares of the company’s stock valued at $263,000 after purchasing an additional 168,637 shares in the last quarter. Institutional investors own 40.08% of the company’s stock.

About CISO Global

CISO Global, Inc (NASDAQ: CISO) is a cybersecurity and risk management firm that delivers a comprehensive suite of services designed to strengthen organizational defenses and ensure regulatory compliance. The company’s core offerings include managed security services, threat monitoring, incident response, vulnerability assessments and penetration testing. By integrating advanced analytics, automated tooling and human expertise, CISO Global aims to protect enterprises from evolving cyber threats while maintaining the integrity of critical systems and data.

In addition to its managed security platform, CISO Global provides advisory and consulting services that cover risk and compliance management, governance framework development, security policy design and third-party risk assessments.