CISO Global Inc [CISO] Revenue clocked in at $40.90 million, down -87.03% YTD: What’s Next?

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CISO Global Inc [NASDAQ: CISO] traded at a high on Tuesday, posting a 0.02 gain after which it closed the day’ session at $0.45.

The results of the trading session contributed to over 1795632 shares changing hands. Over the past one week, the price volatility of CISO Global Inc stands at 28.21% while the volatility over the past one month is 21.70%.

The market cap for CISO stock reached $6.51 million, with 11.82 million shares outstanding and 6.39 million shares in the current float. Compared to the average trading volume of 1.02M shares, CISO reached a trading volume of 1795632 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about CISO Global Inc [CISO]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CISO shares is $15.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CISO stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Cantor Fitzgerald have made an estimate for CISO Global Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on October 21, 2022.

The Average True Range (ATR) for CISO Global Inc is set at 0.16, with the Price to Sales ratio for CISO stock in the period of the last 12 months amounting to 0.16. The Price to Book ratio for the last quarter was 1.75, with the Price to Cash per share for the same quarter was set at 0.03.

How has CISO stock performed recently?

CISO Global Inc [CISO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -43.75. With this latest performance, CISO shares dropped by -57.94% in over the last four-week period, additionally sinking by -29.69% over the last 6 months – not to mention a drop of -62.18% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CISO stock in for the last two-week period is set at 25.42, with the RSI for the last a single of trading hit 19.70, and the three-weeks RSI is set at 30.80 for CISO Global Inc [CISO]. The present Moving Average for the last 50 days of trading for this stock 0.9805, while it was recorded at 0.5051 for the last single week of trading, and 0.9295 for the last 200 days.

CISO Global Inc [CISO]: Deeper insight into the fundamentals

CISO Global Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.12 and a Current Ratio set at 0.12.

Insider trade positions for CISO Global Inc [CISO]

There are presently around $2.31%, or 4.18%% of CISO stock, in the hands of institutional investors.