SuperCom Ltd. (NASDAQ: SPCB) is 15.53% higher on its value in year-to-date trading and has touched a low of $0.25 and a high of $3.09 in the current 52-week trading range. The SPCB stock was last observed hovering at around $1.32 in the last trading session, with the day’s loss setting it -0.13% off its average median price target of $2.50 for the next 12 months. It is also 52.4% off the consensus price target high of $2.50 offered by 1 analysts, but current levels are 52.4% higher than the price target low of $2.50 for the same period.
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Currently trading at $1.19, the stock is 8.26% and 22.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.73 million and changing -9.85% at the moment leaves the stock 5.60% off its SMA200. SPCB registered 75.00% gain for a year compared to 6-month loss of -20.67%. The firm has a 50-day simple moving average (SMA 50) of $1.0458 and a 200-day simple moving average (SMA200) of $1.0988.
The stock witnessed a 6.25% gain in the last 1 month and extending the period to 3 months gives it a 47.94%, and is 8.68% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.76% over the week and 9.80% over the month.
SuperCom Ltd. (SPCB) has around 109 employees, a market worth around $23.80M and $11.90M in sales. Distance from 52-week low is 376.00% and -61.49% from its 52-week high. The company has generated returns on investments over the last 12 months (-35.90%).
SuperCom Ltd. (SPCB) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for SuperCom Ltd. (SPCB) is a “Hold”. 1 analysts offering their recommendations for the stock have an average rating of 3.00, where 1 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
SuperCom Ltd. is expected to release its quarterly report on 06/07/2021 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 31.10% this year, but quarterly earnings will post -34.20% year-over-year.
SuperCom Ltd. (SPCB) Top Institutional Holders
14 institutions hold shares in SuperCom Ltd. (SPCB), with 3.95M shares held by insiders accounting for 24.39% while institutional investors hold 18.87% of the company’s shares. The shares outstanding are 16.15M, and float is at 14.21M with Short Float at 8.68%. Institutions hold 14.27% of the Float.
The top institutional shareholder in the company is Sabby Management, LLC with over 1.48 million shares valued at $1.13 million. The investor’s holdings represent 9.10% of the SPCB Shares outstanding. As of Sep 29, 2020, the second largest holder is Hudson Bay Capital Management LP with 0.45 million shares valued at $0.34 million to account for 2.74% of the shares outstanding. The other top investors are Renaissance Technologies, LLC which holds 0.38 million shares representing 2.31% and valued at over $0.29 million, while Fortress Investment Group LLC holds 0.66% of the shares totaling 0.11 million with a market value of $81223.0.
SuperCom Ltd. (SPCB): Who are the competitors?
The company’s main competitors (and peers) include 3M Company (MMM) that is trading -6.04% down over the past 12 months. Napco Security Technologies Inc. (NSSC) is -10.11% down on the 1-year trading charts. Short interest in the company’s stock has risen 43.99% from the last report on Nov 12, 2020 to stand at a total of 0.69 million short shares sold with a short interest ratio of 0.4.