Cyba (LON:CYBA) Stock Price Up 6.9% – Still a Buy?

Cyba Plc (LON:CYBAGet Free Report) shares rose 6.9% during trading on Wednesday . The company traded as high as GBX 1.55 ($0.02) and last traded at GBX 1.55 ($0.02). Approximately 22,111,332 shares traded hands during trading, an increase of 1,272% from the average daily volume of 1,611,542 shares. The stock had previously closed at GBX 1.45 ($0.02).

Cyba Stock Performance

The firm has a market cap of £26.23 million and a PE ratio of -3.88. The company has a 50 day simple moving average of GBX 1.55 and a two-hundred day simple moving average of GBX 1.55.

Cyba Company Profile

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Cyba Plc does not have significant operations. It intends to focus on providing cyber and cybersecurity solutions through a combination of strategic acquisitions. The company was formerly known as GCQC plc and changed its name to Cyba Plc in January 2019. Cyba Plc was incorporated in 2018 and is headquartered in London, the United Kingdom.

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