CID Holdco (NASDAQ:DAIC) Upgraded by Wall Street Zen to “Sell” Rating

Wall Street Zen upgraded shares of CID Holdco (NASDAQ:DAIC – Free Report) to a sell rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings raised CID Holdco from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, June 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Get CID Holdco alerts:

Get Our Latest Research Report on DAIC

CID Holdco Trading Down 6.4%

DAIC opened at $1.31 on Friday. The business’s 50-day simple moving average is $2.40 and its 200 day simple moving average is $5.32. CID Holdco has a 52-week low of $1.12 and a 52-week high of $135.75.

CID Holdco (NASDAQ:DAIC – Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The company reported ($3.75) earnings per share for the quarter. The business had revenue of $0.01 million during the quarter.

Institutional Investors Weigh In On CID Holdco

A number of institutional investors and hedge funds have recently modified their holdings of the company. Blue Owl Capital Holdings LP bought a new position in CID Holdco during the fourth quarter worth about $251,000. Bank of America Corp DE acquired a new position in CID Holdco during the second quarter worth approximately $2,267,000. Bank of Montreal Can raised its stake in CID Holdco by 97.0% in the fourth quarter. Bank of Montreal Can now owns 197,008 shares of the company’s stock valued at $88,000 after buying an additional 97,000 shares during the period. Moore Capital Management LP bought a new stake in CID Holdco in the third quarter valued at approximately $398,000. Finally, Millennium Management LLC acquired a new stake in shares of CID Holdco in the third quarter valued at approximately $211,000.

CID Holdco, Inc is a manufacturing company in the Computer Software industry.

Featured Articles

• Five stocks we like better than CID Holdco
• Telecom Earnings Reveal a Sector That Finally Looks Healthier
• Defense Earnings Show Readiness Now and Modernization Ahead
• Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
• MarketBeat Week in Review – 07/20- 07/24

Receive News & Ratings for CID Holdco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CID Holdco and related companies with MarketBeat.com's FREE daily email newsletter.