Analysts at StockNews.com initiated coverage on shares of SuperCom (NASDAQ:SPCB – Get Rating) in a note issued to investors on Tuesday. The brokerage set a “sell” rating on the industrial products company’s stock.
SuperCom Price Performance
SPCB stock opened at $1.23 on Tuesday. The firm has a market cap of $4.40 million, a P/E ratio of -0.25 and a beta of 0.47. SuperCom has a 52 week low of $1.20 and a 52 week high of $5.20. The firm’s fifty day moving average is $1.80 and its 200 day moving average is $2.09. The company has a debt-to-equity ratio of 10.75, a quick ratio of 4.71 and a current ratio of 5.42.
Institutional Trading of SuperCom
An institutional investor recently bought a new position in SuperCom stock. UBS Group AG acquired a new stake in shares of SuperCom Ltd. (NASDAQ:SPCB – Get Rating) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 63,593 shares of the industrial products company’s stock, valued at approximately $37,000. UBS Group AG owned 0.18% of SuperCom at the end of the most recent quarter. 22.12% of the stock is currently owned by institutional investors and hedge funds.
SuperCom Company Profile
SuperCom Ltd. engages in the provision of traditional and digital identity solutions. It offers identification, tracking, and security products to government, private and public organization. It operates through the following divisions: e-Gov, IoT and Connectivity (IoT), and Cyber Security. The e-Gov division provides solutions for traditional and biometrics enrollment, personalization, issuance and border control services.
Read More
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