SuperCom Ltd (NASDAQ:SPCB) currently has a daily average trading volume of 3.92M but it saw 4095730 shares traded in last market. With a market cap of 2.17M USD, the company’s current market price of $0.23 came falling about -2.33 while comparing to the previous closing price of $0.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.54 and as low as $0.15.
Taking a look at 20-day trading activity of SuperCom Ltd (SPCB) gives us an average price of $0.1916, while its current price level is -84.77% below from 52-week high level whereas it is 53.81% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.1868 while that of 200 days or SMA-200 reads an average of $0.4374. A closer look into the stock’s movement over the week reveals that its volatility is standing at 25.84% during that period while stretching the period over a month that decreases to 14.30%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 58.92 which implies that the stock is in neutral territory.
Singular Research issued its recommendations for the stock as it initiated the price target for the stock is $13.25.
Over the week, SPCB’s stock price is moving 11.62% up while it is 39.52% when we observe its performance for the past one month. Year-to-date it is -39.31% down and over the past year, the stock is showing a downside performance of -81.25%.
The latest quarterly earnings report issued by the company was for quarter ended 6/29/2023, when its quarterly earnings per share (EPS) of $0.07 beat the consensus estimate of -$0.55 for the same. For SPCB, analysts are forecasting an EPS-growth rate of 118.00% for current year and estimate for EPS growth in next year is -54.50%. In next quarter, company is expected to be making quarterly sales of $5.5 million as analysts are expecting the sales for current fiscal year at $26.4 million and seeing the company making $25 million in sales next year. Moreover, analysts are in estimates of $4.6 million for current-quarter revenue.
Currently, SuperCom Ltd’s total number of outstanding shares is 9.25M with 9.30% of that held by the insiders while 5.27% of its common stock has been owned by the institutions. It has a 4.69 of forward P/E ratio. Stock’s beta reads 0.18. Stock has a price to book (P/B) ratio of 0.36.
