Darktrace (OTC:DRKTF) Shares Down 3.4%

Shares of Darktrace plc (OTC:DRKTFGet Rating) traded down 3.4% on Wednesday . The company traded as low as $4.09 and last traded at $4.16. 96,338 shares traded hands during trading, an increase of 968% from the average session volume of 9,017 shares. The stock had previously closed at $4.30.

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. cut their target price on shares of Darktrace from GBX 400 ($4.85) to GBX 320 ($3.88) in a research note on Wednesday, May 25th. Jefferies Financial Group started coverage on shares of Darktrace in a research note on Friday, April 29th. They issued a “buy” rating on the stock. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to MarketBeat.com, Darktrace has an average rating of “Hold” and a consensus price target of $460.00.

The business’s 50 day moving average is $4.89.

About Darktrace (OTC:DRKTF)

Darktrace plc, together with its subsidiaries, engages in the development and sale of cyber-threat defense technology solutions in the United Kingdom, the United States, Canada, Europe, and internationally. Its products include Enterprise Immune System to discover unpredictable cyber-threats; Industrial Immune System to detect novel threats and vulnerabilities, as well as safeguard the integrity and resilience of industrial technologies; and Cyber AI Analyst, an AI investigation technology, which automatically triages, interprets, and reports scope of security incidents.

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