SuperCom (NASDAQ:SPCB) Now Covered by StockNews.com

Stock analysts at StockNews.com began coverage on shares of SuperCom (NASDAQ:SPCB) in a research report issued to clients and investors on Monday. The brokerage set a “sell” rating on the industrial products company’s stock.

SuperCom Trading Down 4.8 %

Shares of SuperCom stock opened at $0.24 on Monday. The firm has a market capitalization of $1.44 million, a price-to-earnings ratio of -0.47 and a beta of 0.27. SuperCom has a fifty-two week low of $0.15 and a fifty-two week high of $1.28. The company has a debt-to-equity ratio of 5.46, a quick ratio of 7.53 and a current ratio of 8.31. The stock has a 50 day moving average of $0.20 and a 200 day moving average of $0.30.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SuperCom stock. Armistice Capital LLC increased its holdings in SuperCom Ltd. (NASDAQ:SPCB) by 263.1% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 2,400,000 shares of the industrial products company’s stock after acquiring an additional 1,739,000 shares during the period. Armistice Capital LLC owned approximately 39.93% of SuperCom worth $927,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 47.81% of the company’s stock.

About SuperCom

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 operates in three segments: e-Gov, IoT and Connectivity, and Cyber Security. It offers MAGNA, a platform for national ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management.