Superconductor Technologies (OTCMKTS:SCON) Shares Up 6% – Here’s Why

Superconductor Technologies Inc. (OTCMKTS:SCONGet Free Report) shot up 6% during trading on Tuesday . The company traded as high as $2.65 and last traded at $2.65. 14,500 shares traded hands during trading, a decline of 55% from the average session volume of 32,079 shares. The stock had previously closed at $2.50.

Superconductor Technologies Stock Performance

The business has a fifty day simple moving average of $2.65. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.45 and a current ratio of 3.79.

Superconductor Technologies Company Profile

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Superconductor Technologies, Inc develops, produces and commercializes high temperature superconductor materials and related technologies. It also engages in the development of Conducts superconducting wire platform, that offers zero resistance with high current density. The company was founded on May 11, 1987 and is headquartered in Austin, Texas.

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