SuperCom (NASDAQ:SPCB) Stock Rating Lowered by StockNews.com

SuperCom (NASDAQ:SPCB) was downgraded by equities research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday.

SuperCom Stock Down 2.3 %

Shares of SPCB stock traded down $0.09 on Tuesday, hitting $3.75. The stock had a trading volume of 38,114 shares, compared to its average volume of 253,602. The firm has a market capitalization of $2.48 million, a price-to-earnings ratio of 9.38 and a beta of 0.11. The stock’s 50 day moving average is $3.43 and its 200-day moving average is $1.52. The company has a debt-to-equity ratio of 2.11, a quick ratio of 4.66 and a current ratio of 5.10. SuperCom has a 52-week low of $2.55 and a 52-week high of $12.60.

SuperCom (NASDAQ:SPCB) last issued its earnings results on Thursday, August 15th. The industrial products company reported $1.80 earnings per share for the quarter. SuperCom had a net margin of 5.70% and a return on equity of 101.73%. The company had revenue of $7.55 million for the quarter.

SuperCom Company Profile

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.