Superconductor Technologies Inc. (NASDAQ:SCON) does about 3.69M shares in volume on a normal day but saw 1504005 shares change hands in Friday trading. The company now has a market cap of 11.90M USD and an enterprise value of about $9.55M. Its current market price is $0.36, marking a decrease of -4.36% compared to the previous close of $0.38. The 52 week high reached by this stock is $0.94 whilst the lowest price level in 52 weeks is $0.12. The script in recent trading has seen the stock touch a high of $0.3728 and a low of $0.352.
Superconductor Technologies Inc. (SCON) has a 20-day trading average at $0.4812 and the current price is -61.42% off the 52-week high compared with 196.80% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.4527 and its 200-day simple moving average is $0.2828. If we look at the stock’s price movements over the week, volatility stands at 11.61%, which decreases to 10.77% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 34.55 to suggest the stock is neutral.
1 analysts observing the Superconductor Technologies Inc. (SCON) stock have set the 12-month price targets for the company’s shares at between $9.00 and $9.00. The median price target is 96.0% away from the current levels at $9.00.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 06, 2017 when Rodman & Renshaw upgraded the stock to “Buy” and issued a price target of $3.
The current price level is -25.32%, -20.39%, and 28.38% away from its SMA20, SMA50, and SMA200 respectively, with the SCON price moving above the 50-day SMA on August 21. Superconductor Technologies Inc. (SCON) stock is down -24.20% over the week and -15.79% over the past month. Its price is 97.98% year-to-date and -38.28% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/29/2019, with the company’s earnings per share (EPS) of -$0.43 below consensus estimates by -$0.07. The company’s next earnings report is expected on 08/24/2020.
Its 12-month price target is $9.00. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $9.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $9.00.
Outstanding shares total 31.52M with insiders holding 0.02% of the shares and institutional holders owning 5.31% of the company’s common stock. The company has a return on investment of -619.20% and return on equity of -378.70%. The beta has a value of 0.95. Price to book ratio is 4.02 and price to sales ratio is 17.00.
According to a U.S. Securities and Exchange Commission filing, Vanguard Extended Market Index Fu has reduced its position in Superconductor Technologies Inc. (SCON) to 204,013 shares, mirroring a recent drop by 0.00%. Vanguard Extended Market Index Fu dumped 0.0 shares of Superconductor Technologies Inc. common stock bringing its total worth to about $0.1 million at the end of recent close, SEC documents show. Vanguard Extended Market Index Fu isn’t the only investment manager who changed stakes and is followed by USAA Extended Market Index Fund, which added 835.0 shares to end up with 3,876 shares worth $1919.0. Fidelity Extended Market Index Fu cut their holdings by 0.00% in the company over the course of the most recent quarter. It now holds a 0.01% position in Superconductor Technologies Inc. thanks to 2752.0 shares amounting to $1362.0.