CISO Global Inc (NASDAQ: CISO) stock fell -0.25% on Monday to $0.12 against a previous-day closing price of $0.12. With 4.7 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.09 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $0.1230 whereas the lowest price it dropped to was $0.1017. The 52-week range on CISO shows that it touched its highest point at $3.27 and its lowest point at $0.09 during that stretch. It currently has a 1-year price target of $1.00.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CISO was up-trending over the past week, with a rise of 10.28%, but this was up by 6.84% over a month. Three-month performance dropped to -25.57% while six-month performance fell -43.81%. The stock lost -96.23% in the past year, while it has lost -95.29% so far this year.
Float and Shares Shorts:
At present, 146.40 million CISO shares are outstanding with a float of 88.15 million shares on hand for trading. On Oct 30, 2023, short shares totaled 1.63 million, which was 0.92% higher than short shares on Sep 28, 2023. In addition to CISO as the firm’s CISO Global, Inc., CTSO serves as its Cytosorbents Corporation.
Through their ownership of 5.07% of CISO’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 51.13% of CISO, in contrast to 5.32% held by mutual funds. Shares owned by individuals account for 1.13%. As the largest shareholder in CISO with 3.79% of the stake, Lynwood Capital Management, Inc. holds 6,750,000 shares worth 6,750,000. A second-largest stockholder of CISO, The Vanguard Group, Inc., holds 1,295,158 shares, controlling over 0.73% of the firm’s shares. Geode Capital Management LLC is the third largest shareholder in CISO, holding 722,615 shares or 0.41% stake. With a 0.41% stake in CISO, the Vanguard Total Stock Market ETF is the largest stakeholder. A total of 726,500 shares are owned by the mutual fund manager. The Vanguard Extended Market Index Fu, which owns about 0.32% of CISO stock, is the second-largest Mutual Fund holder. It holds 568,658 shares valued at 56866.0. Fidelity Extended Market Index Fu holds 0.27% of the stake in CISO, owning 483,738 shares worth 48374.0.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CISO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With CISO analysts setting a high price target of $1.00 and a low target of $1.00, the average target price over the next 12 months is $1.00. Based on these targets, CISO could surge 733.33% to reach the target high and rise by 733.33% to reach the target low. Reaching the average price target will result in a growth of 733.33% from current levels.
Summary of Insider Activity:
Insiders traded CISO stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.