SuperCom (NASDAQ:SPCB) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of SuperCom (NASDAQ:SPCB) in a research report released on Tuesday morning. The firm issued a sell rating on the industrial products company’s stock.

SuperCom Price Performance

Shares of NASDAQ:SPCB opened at $0.19 on Tuesday. The company has a market capitalization of $2.53 million, a PE ratio of -0.76 and a beta of 0.08. The company has a debt-to-equity ratio of 7.05, a current ratio of 5.27 and a quick ratio of 4.81. The business has a fifty day moving average price of $0.20 and a two-hundred day moving average price of $0.23. SuperCom has a 1 year low of $0.15 and a 1 year high of $1.19.

SuperCom (NASDAQ:SPCB) last announced its quarterly earnings data on Monday, April 22nd. The industrial products company reported $0.26 earnings per share (EPS) for the quarter. The firm had revenue of $5.67 million during the quarter. SuperCom had a positive return on equity of 99.92% and a negative net margin of 6.33%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SuperCom stock. Armistice Capital LLC boosted its stake in SuperCom Ltd. (NASDAQ:SPCB) by 263.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,400,000 shares of the industrial products company’s stock after purchasing an additional 1,739,000 shares during the quarter. Armistice Capital LLC owned approximately 39.93% of SuperCom worth $927,000 as of its most recent filing with the Securities & Exchange Commission. 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.