StockNews.com began coverage on shares of SuperCom (NASDAQ:SPCB – Free Report) in a research report report published on Monday. The brokerage issued a sell rating on the industrial products company’s stock.
SuperCom Stock Down 6.3 %
NASDAQ SPCB opened at $0.21 on Monday. The company has a debt-to-equity ratio of 7.05, a current ratio of 5.27 and a quick ratio of 4.81. The stock has a market capitalization of $2.76 million, a PE ratio of -0.41 and a beta of 0.27. SuperCom has a 1 year low of $0.15 and a 1 year high of $1.28. The business’s 50-day moving average is $0.21 and its 200 day moving average is $0.29.
Institutional Trading of SuperCom
A hedge fund recently raised its stake in SuperCom stock. Armistice Capital LLC boosted its stake in SuperCom Ltd. (NASDAQ:SPCB – Free Report) by 263.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,400,000 shares of the industrial products company’s stock after buying an additional 1,739,000 shares during the period. Armistice Capital LLC owned 39.93% of SuperCom worth $927,000 at the end of the most recent reporting period. Institutional investors own 47.81% of the company’s stock.
About SuperCom
SuperCom Ltd. provides digital identity, Internet of Things and connectivity, and cyber security products and solutions to governments, and private and public organizations worldwide. The company operates in three segments: e-Gov, IoT and Connectivity, and Cyber Security. It offers MAGNA, a platform for national ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management.
Featured Articles
- Five stocks we like better than SuperCom
- What Are the U.K. Market Holidays? How to Invest and Trade
- AMD is Down 35%. Now is the Time to Buy the Dip
- How to Calculate Return on Investment (ROI)
- Amazon Stands Tall: New Highs Are in Sight
- CD Calculator: Certificate of Deposit Calculator
- Chesapeake Energy Stock is The Energy Play, Earnings Confirm
Receive News & Ratings for SuperCom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SuperCom and related companies with MarketBeat.com's FREE daily email newsletter.