SuperCom (NASDAQ:SPCB) received a $5.00 price objective from research analysts at HC Wainwright in a report issued on Friday, TipRanks reports. The brokerage currently has a “buy” rating on the industrial products company’s stock. HC Wainwright’s target price would indicate a potential upside of 242.47% from the stock’s previous close.
Several other research analysts have also commented on the stock. ValuEngine raised shares of SuperCom from a “hold” rating to a “buy” rating in a report on Monday, April 1st. Zacks Investment Research raised shares of SuperCom from a “sell” rating to a “hold” rating in a report on Tuesday, February 12th.
Shares of NASDAQ SPCB traded down $0.01 during midday trading on Friday, hitting $1.46. The company’s stock had a trading volume of 28,443 shares, compared to its average volume of 30,776. SuperCom has a 1-year low of $1.22 and a 1-year high of $2.66. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.07 and a current ratio of 2.44. The firm has a market capitalization of $21.99 million, a PE ratio of -10.43 and a beta of 0.84.
SuperCom Company Profile
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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