SuperCom (NASDAQ:SPCB) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of SuperCom (NASDAQ:SPCB) in a report released on Monday. The firm issued a sell rating on the industrial products company’s stock.

SuperCom Stock Performance

Shares of SuperCom stock opened at $0.19 on Monday. SuperCom has a one year low of $0.15 and a one year high of $1.19. The company has a market cap of $2.52 million, a price-to-earnings ratio of -0.76 and a beta of 0.07. The company has a debt-to-equity ratio of 7.05, a quick ratio of 4.81 and a current ratio of 5.27. The business’s 50 day moving average price is $0.20 and its 200 day moving average price is $0.23.

SuperCom (NASDAQ:SPCB) last announced its quarterly earnings data on Wednesday, May 15th. The industrial products company reported $0.07 EPS for the quarter. SuperCom had a positive return on equity of 99.92% and a negative net margin of 6.33%. The firm had revenue of $6.85 million for the quarter.

Institutional Investors Weigh In On SuperCom

An institutional investor recently raised its position in SuperCom stock. Armistice Capital LLC raised its holdings in SuperCom Ltd. (NASDAQ:SPCB) by 263.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,400,000 shares of the industrial products company’s stock after purchasing an additional 1,739,000 shares during the quarter. Armistice Capital LLC owned 39.93% of SuperCom worth $927,000 as of its most recent SEC filing. 47.81% of the stock is owned by hedge funds and other institutional investors.

SuperCom Company Profile

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.