CID Holdco (NASDAQ:DAIC) Shares Down 11.8% – Time to Sell?

CID Holdco, Inc. (NASDAQ:DAIC – Get Free Report) shares traded down 11.8% during mid-day trading on Monday. The company traded as low as $0.8362 and last traded at $1.05. 1,762,453 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 2,947,155 shares. The stock had previously closed at $1.19.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Weiss Ratings downgraded shares of CID Holdco from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, September 25th. Wall Street Zen upgraded CID Holdco from a “strong sell” rating to a “sell” rating in a research report on Sunday, September 13th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, CID Holdco currently has a consensus rating of “Sell”.

Read Our Latest Report on DAIC

CID Holdco Stock Up 8.8%

The firm has a fifty day moving average of $2.49 and a two-hundred day moving average of $2.85.

CID Holdco (NASDAQ:DAIC – Get Free Report) last released its quarterly earnings data on Friday, September 25th. The company reported ($2.68) earnings per share (EPS) for the quarter. The firm had revenue of $0.01 million for the quarter.

CID Holdco, Inc is a technology company in the Application Software industry.

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