SuperCom (NASDAQ:SPCB) Price Target Raised to $18.00 at Maxim Group

SuperCom (NASDAQ:SPCB) had its target price raised by Maxim Group from $12.00 to $18.00 in a report published on Tuesday,Benzinga reports. Maxim Group currently has a buy rating on the industrial products company’s stock.

Separately, StockNews.com lowered SuperCom from a “hold” rating to a “sell” rating in a report on Friday, December 13th.

SuperCom Trading Up 10.1 %

Shares of SPCB stock opened at $14.78 on Tuesday. The company has a market cap of $31.48 million, a PE ratio of -67.18 and a beta of 0.07. SuperCom has a 1 year low of $2.55 and a 1 year high of $14.96. The stock’s 50 day simple moving average is $5.23 and its two-hundred day simple moving average is $3.27. The company has a debt-to-equity ratio of 2.11, a current ratio of 5.10 and a quick ratio of 4.66.

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.