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

Research analysts at StockNews.com began coverage on shares of SuperCom (NASDAQ:SPCB – Get Rating) in a report issued on Friday. The firm set a “sell” rating on the industrial products company’s stock.

SuperCom Trading Up 3.4 %

NASDAQ SPCB opened at $2.13 on Friday. The stock has a market capitalization of $7.62 million, a P/E ratio of -0.43 and a beta of 0.35. SuperCom has a 52-week low of $1.71 and a 52-week high of $8.40. The firm has a 50-day moving average price of $2.03 and a 200 day moving average price of $2.74. The company has a quick ratio of 4.52, a current ratio of 5.22 and a debt-to-equity ratio of 8.68.

SuperCom (NASDAQ:SPCB – Get Rating) last posted its quarterly earnings results on Wednesday, October 26th. The industrial products company reported ($0.20) earnings per share (EPS) for the quarter. The firm had revenue of $6.26 million for the quarter. SuperCom had a negative return on equity of 94.30% and a negative net margin of 81.57%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SuperCom stock. Virtu Financial LLC raised its stake in SuperCom Ltd. (NASDAQ:SPCB – Get Rating) by 126.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 90,927 shares of the industrial products company’s stock after buying an additional 50,735 shares during the period. Virtu Financial LLC owned approximately 0.25% of SuperCom worth $52,000 at the end of the most recent reporting period. 22.12% of the stock is owned by institutional investors and hedge funds.

About SuperCom

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SuperCom Ltd. provides digital identity, Internet of Things and connectivity, and cyber security products and solutions to governments, and private and public organizations worldwide. It offers MAGNA, a common platform for national ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management.