In last trading session, SuperCom Ltd (NASDAQ:SPCB) saw 3.71 million shares changing hands with its beta currently measuring 0.14. Company’s recent per share price level of $0.21 trading at -$0.01 or -6.32% at ring of the bell on the day assigns it a market valuation of $6.04M. That closing price of SPCB’s stock is at a discount of -509.52% from its 52-week high price of $1.28 and is indicating a premium of 28.57% from its 52-week low price of $0.15. Taking a look at company’s average trading volume volume of 9.70 million if we extend that period to 3-months.
SuperCom Ltd (NASDAQ:SPCB) trade information
Upright in the red during last session for losing -6.32%, in the last five days SPCB remained trading in the red while hitting it’s week-highest on Thursday, 04/25/24 when the stock touched $0.21 price level, adding 27.84% to its value on the day. SuperCom Ltd’s shares saw a change of -46.27% in year-to-date performance and have moved -7.20% in past 5-day. SuperCom Ltd (NASDAQ:SPCB) showed a performance of 19.05% in past 30-days.
SuperCom Ltd (SPCB) estimates and forecasts
This year revenue growth is estimated to rise 50.70% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $4.6 million for the same. And 1 analysts are in estimates of company making revenue of $5.7 million in the next quarter that will end on Dec 2023. Company posted $6.26 million and $5.12 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -26.60% while estimating it to be 11.30% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 43.50% during past 5 years.
SPCB Dividends
SuperCom Ltd is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
