SuperCom Ltd (NASDAQ:SPCB) does about 929.35K shares in volume on a normal day but saw 1115432 shares change hands in the recent trading day. The company now has a market cap of 15.45M USD. Its current market price is $8.99, marking an increase of 5.76% compared to the previous close of $8.50. The 52 week high reached by this stock is $10.90 whilst the lowest price level in 52 weeks is $2.55.
SuperCom Ltd (SPCB) has a 20-day trading average at $4.66 and the current price is -17.52% off the 52-week high compared with 252.55% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.95 and its 200-day simple moving average is $3.91. If we look at the stock’s price movements over the week, volatility stands at 44.61%, which decreases to 20.82% 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 77.98 to suggest the stock is overbought.
The consensus objective for the share price is $12.00, suggesting that the stock has a potential upside of 25.08% over the period.
Singular Research initiated its price target at $13.25.
The current price level is 93.07%, 127.39%, and 129.99% away from its SMA20, SMA50, and SMA200 respectively, with the SPCB price moving below the 50-day SMA on current market day. SuperCom Ltd (SPCB) stock is up 51.09% over the week and 185.40% over the past month. Its price is 86.51% year-to-date and 32.99% over the past year.
To reach the target analysts have set, the stock logically needs to grow 25.08 percent from here.
The company has a return on investment of 2.25% and return on equity of 9.92%. The beta has a value of 0.09. Price to book ratio is 22.38 and price to sales ratio is 0.57.
