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

Equities researchers at StockNews.com initiated coverage on shares of SuperCom (NASDAQ:SPCB) in a research report issued on Tuesday. The brokerage set 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 debt-to-equity ratio of 7.05, a quick ratio of 4.81 and a current ratio of 5.27. The firm has a fifty day moving average price of $0.20 and a 200 day moving average price of $0.23. SuperCom has a fifty-two week low of $0.15 and a fifty-two week high of $1.19. The firm has a market cap of $2.47 million, a price-to-earnings ratio of -0.74 and a beta of 0.08.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in SuperCom stock. Armistice Capital LLC increased its stake in SuperCom Ltd. (NASDAQ:SPCB) by 263.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,400,000 shares of the industrial products company’s stock after buying an additional 1,739,000 shares during the period. Armistice Capital LLC owned 39.93% of SuperCom worth $927,000 as of its most recent SEC filing. 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.