SuperCom Ltd (NASDAQ: SPCB) Not A Good Play Anymore?

SuperCom Ltd (SPCB) concluded trading on Thursday at a closing price of $0.19, with 3.6 million shares of worth about $0.68 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -52.86% during that period and on June 27, 2024 the price saw a gain of about 0.91%. Currently the company’s common shares owned by public are about 34.37M shares, out of which, 31.26M shares are available for trading.

Stock saw a price change of 4.12% in past 5 days and over the past one month there was a price change of -10.44%. Year-to-date (YTD), SPCB shares are showing a performance of -50.93% which decreased to -80.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.15 but also hit the highest price of $1.19 during that period. The average intraday trading volume for SuperCom Ltd shares is 10.18 million. The stock is currently trading -2.11% below its 20-day simple moving average (SMA20), while that difference is down -11.10% for SMA50 and it goes to -35.63% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

SuperCom Ltd (NASDAQ: SPCB) currently have 34.37M outstanding shares and institutions hold larger chunk of about 0.98% of that.

The stock has a current market capitalization of $6.51M and its 3Y-monthly beta is at 0.08. It has posted earnings per share of -$0.23 in the same period. It has Quick Ratio of 5.14 while making debt-to-equity ratio of 6.36. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SPCB, volatility over the week remained 7.73% while standing at 8.91% over the month.

Stock’s fiscal year EPS is expected to drop by -102.13% while it is estimated to increase by 300.00% in next year.

Coverage by H.C. Wainwright stated SuperCom Ltd (SPCB) stock as a Buy in their note to investors on December 04, 2017, suggesting a price target of $6 for the stock. On March 31, 2015, Singular Research Initiated their recommendations, while on August 22, 2014, Imperial Capital Initiated their ratings for the stock with a price target of $14.

Most Popular

Related Posts