SuperCom Ltd (NASDAQ: SPCB) is -25.43% lower on its value in year-to-date trading and has touched a low of $0.15 and a high of $1.54 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SPCB stock was last observed hovering at around $0.21 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $0.29, the stock is 66.43% and 55.84% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 88.08 million and changing 37.14% at the moment leaves the stock -36.86% off its SMA200. SPCB registered -78.98% loss for a year compared to 6-month loss of -27.98%. The firm has a 50-day simple moving average (SMA 50) of $1.36 and a 200-day simple moving average (SMA200) of -$18.48.
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The stock witnessed a 77.34% gain in the last 1 month and extending the period to 3 months gives it a -17.27%, and is 73.49% 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 21.15% over the week and 12.07% over the month.
Fwd P/E is 5.76. Distance from 52-week low is 88.98% and -81.29% from its 52-week high.
SuperCom Ltd quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $4.6M over the same period.The EPS is expected to grow by 118.03% this year, but quarterly earnings will post 49.60% year-over-year. Quarterly sales are estimated to shrink -26.60% in year-over-year returns.
SuperCom Ltd (SPCB) Top Institutional Holders
18 institutions hold shares in SuperCom Ltd (SPCB), with institutional investors hold 5.81% of the company’s shares. The shares outstanding are 9.25M, and float is at 8.78M with Short Float at 2.44%. Institutions hold 5.27% of the Float.
The top institutional shareholder in the company is Armistice Capital, LLC with over 0.36 million shares valued at $0.36 million. The investor’s holdings represent 8.65% of the SPCB Shares outstanding. As of Sep 29, 2023, the second largest holder is Ridgewood Investments LLC with 81632.0 shares valued at $34203.0 to account for 1.94% of the shares outstanding. The other top investors are Virtu Financial LLC which holds 17889.0 shares representing 0.43% and valued at over $17817.0, while Two Sigma Securities, LLC holds 0.31% of the shares totaling 12861.0 with a market value of $12809.0.
