Superconductor Technologies (OTCMKTS:SCON) Trading 6% Higher – Here’s What Happened

Shares of Superconductor Technologies Inc. (OTCMKTS:SCONGet Free Report) were up 6% during mid-day trading on Monday . The company traded as high as $2.65 and last traded at $2.65. Approximately 14,500 shares changed hands during trading, a decline of 55% from the average daily volume of 32,079 shares. The stock had previously closed at $2.50.

Superconductor Technologies Price Performance

The firm has a 50 day simple moving average of $2.65. The company has a debt-to-equity ratio of 0.28, a current ratio of 3.79 and a quick ratio of 3.45.

About Superconductor Technologies

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Superconductor Technologies, Inc develops, produces and commercializes high temperature superconductor materials and related technologies. It also engages in the development of Conducts superconducting wire platform, that offers zero resistance with high current density. The company was founded on May 11, 1987 and is headquartered in Austin, Texas.

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