Initiates Coverage on SuperCom (NASDAQ:SPCB) initiated coverage on shares of SuperCom (NASDAQ:SPCBGet Rating) in a report issued on Sunday. The firm set a “sell” rating on the industrial products company’s stock.

SPCB stock opened at $0.47 on Friday. The stock’s 50 day simple moving average is $0.55 and its 200 day simple moving average is $0.64. SuperCom has a fifty-two week low of $0.40 and a fifty-two week high of $1.59. The company has a quick ratio of 4.02, a current ratio of 4.66 and a debt-to-equity ratio of 6.93.

SuperCom (NASDAQ:SPCBGet Rating) last issued its quarterly earnings data on Thursday, March 31st. The industrial products company reported ($0.01) EPS for the quarter. The business had revenue of $3.03 million during the quarter, compared to analysts’ expectations of $3.20 million. On average, sell-side analysts expect that SuperCom will post -0.11 earnings per share for the current fiscal year.

About SuperCom (Get Rating)

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 offers MAGNA, a common platform for ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management.

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