SuperCom (NASDAQ:SPCB) Research Coverage Started at StockNews.com

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

SuperCom Trading Up 0.9 %

NASDAQ:SPCB opened at $0.17 on Friday. The company has a debt-to-equity ratio of 7.05, a current ratio of 5.27 and a quick ratio of 4.81. SuperCom has a fifty-two week low of $0.15 and a fifty-two week high of $1.19. The stock’s 50-day moving average is $0.19 and its two-hundred day moving average is $0.20. The stock has a market cap of $2.32 million, a PE ratio of -0.70 and a beta of 0.08.

SuperCom (NASDAQ:SPCB) last released its earnings results on Wednesday, May 15th. The industrial products company reported $0.07 earnings per share for the quarter. SuperCom had a positive return on equity of 99.92% and a negative net margin of 6.33%. The company had revenue of $6.85 million for the quarter.

Institutional Investors Weigh In On SuperCom

A hedge fund recently raised its stake in SuperCom stock. Armistice Capital LLC lifted its position in SuperCom Ltd. (NASDAQ:SPCB) by 263.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,400,000 shares of the industrial products company’s stock after buying an additional 1,739,000 shares during the quarter. Armistice Capital LLC owned about 39.93% of SuperCom worth $927,000 as of its most recent filing with the SEC. 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.