SuperCom (NASDAQ:SPCB) Earns Sell Rating from Analysts at StockNews.com

Analysts at StockNews.com began coverage on shares of SuperCom (NASDAQ:SPCBGet Rating) in a report released on Sunday. The brokerage set a “sell” rating on the industrial products company’s stock.

SuperCom Price Performance

SPCB stock opened at $1.15 on Friday. SuperCom has a fifty-two week low of $1.01 and a fifty-two week high of $4.60. The business’s 50-day moving average is $1.32 and its two-hundred day moving average is $1.81. The company has a debt-to-equity ratio of 10.41, a quick ratio of 4.37 and a current ratio of 5.02. The company has a market cap of $4.84 million, a price-to-earnings ratio of -0.81 and a beta of 0.46.

SuperCom (NASDAQ:SPCBGet Rating) last posted its quarterly earnings data on Thursday, April 20th. The industrial products company reported $0.53 EPS for the quarter. SuperCom had a negative return on equity of 30.61% and a negative net margin of 31.24%. The firm had revenue of $5.12 million for the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. UBS Group AG bought a new stake in SuperCom during the 1st quarter valued at approximately $37,000. Virtu Financial LLC raised its stake in SuperCom by 126.2% during the 1st quarter. Virtu Financial LLC now owns 90,927 shares of the industrial products company’s stock valued at $52,000 after purchasing an additional 50,735 shares during the period. Finally, Armistice Capital LLC bought a new stake in SuperCom during the 1st quarter valued at approximately $673,000. Institutional investors own 22.12% of the company’s stock.

SuperCom Company Profile

(Get Rating)

SuperCom Ltd. engages in the provision of traditional and digital identity solutions. It offers identification, tracking, and security products to government, private and public organization. It operates through the following divisions: e-Gov, Internet of Things (IoT), and Cyber Security. The e-Gov division provides solutions for traditional and biometrics enrollment, personalization, issuance and border control services.

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