StockNews.com Downgrades SuperCom (NASDAQ:SPCB) to Sell

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

SuperCom Stock Performance

Shares of SPCB opened at $3.84 on Tuesday. The company has a quick ratio of 4.66, a current ratio of 5.10 and a debt-to-equity ratio of 2.11. The business’s 50 day moving average price is $3.45 and its 200-day moving average price is $1.54. SuperCom has a 52 week low of $2.55 and a 52 week high of $12.60. The stock has a market cap of $2.53 million, a P/E ratio of 9.60 and a beta of 0.11.

SuperCom (NASDAQ:SPCB) last announced its quarterly earnings data 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 during the quarter.

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.