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SuperCom Ltd (SPCB) – Don’t Be So Quick to Call it Dead

SuperCom Ltd (NASDAQ: SPCB) is 32.78% higher on its value in year-to-date trading and has touched a low of $2.55 and a high of $18.95 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SPCB stock was last observed hovering at around $6.01 in the last trading session, with the day’s gains setting it 0.39%.

Currently trading at $6.40, the stock is -0.92% and -18.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.12 million and changing 6.49% at the moment leaves the stock 16.38% off its SMA200. SPCB registered -14.19% loss for a year compared to 6-month gain of 92.19%. The firm has a 50-day simple moving average (SMA 50) of $7.8342 and a 200-day simple moving average (SMA200) of $5.49945.

The stock witnessed a -10.74% loss in the last 1 month and extending the period to 3 months gives it a -39.76%, and is 7.65% 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 9.93% over the week and 10.82% over the month.

Profit margin for the company is 3.57%. Distance from 52-week low is 150.98% and -66.23% from its 52-week high. The company has generated returns on investments over the last 12 months (2.25%).

with sales reaching $6.48M over the same period.The EPS is expected to shrink by -69.10% this year, but quarterly earnings will post 4.57% year-over-year. Quarterly sales are estimated to grow 14.34% in year-over-year returns.

14.0 institutions hold shares in SuperCom Ltd (SPCB), with institutional investors hold 14.27% of the company’s shares. The shares outstanding are 3.48M, and float is at 3.08M with Short Float at 3.05%. Institutions hold 9.63% of the Float.

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