Cyba (LON:CYBA) Trading Up 6.9% – Should You Buy?

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

Cyba Stock Up 6.9 %

The firm’s 50 day moving average is GBX 1.55 and its two-hundred day moving average is GBX 1.55. The company has a market cap of £26.23 million and a P/E ratio of -3.88.

About Cyba

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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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