In today’s recent session, 0.42 million shares of the SuperCom Ltd (NASDAQ:SPCB) have been traded, and its beta is 0.16. Most recently the company’s share price was $13.68, and it changed around $0.26 or 1.94% from the last close, which brings the market valuation of the company to $23.51M. SPCB at last check was trading at a discount to its 52-week high of $13.49, offering almost 1.39% off that amount. The share price’s 52-week low was $2.55, which indicates that the recent value has risen by an impressive 81.36% since then. We note from SuperCom Ltd’s average daily trading volume that its 10-day average is 1.49 million shares, with the 3-month average coming to 1.02 million.
SuperCom Ltd stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended SPCB as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. SuperCom Ltd is expected to report earnings per share of -0.46 for the current quarter.
SuperCom Ltd (NASDAQ:SPCB) trade information
Instantly SPCB has been showing a green trend so far today with a performance of 1.94% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 14.90 on recent trading dayincreased the stock’s daily price by 8.19%. The company’s shares are currently up 183.82% year-to-date, but still up 69.10% over the last five days. On the other hand, SuperCom Ltd (NASDAQ:SPCB) is 324.00% up in the 30-day period. We can see from the shorts that 0.28 million shares have been sold at a short interest cover period of 0.79 day(s).
SuperCom Ltd (SPCB) estimates and forecasts
The year-over-year growth rate is expected to be 4.63%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 6.5M in revenue for the current quarter. 1 analysts expect SuperCom Ltd to make 7.7M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 5.67M and 6.85M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 14.68%. Forecasts for the next quarter put sales growth at 12.38%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 43.50%.
SPCB Dividends
SuperCom Ltd’s next quarterly earnings report is expected to be released in February.
SuperCom Ltd (NASDAQ:SPCB)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 15.86% of SuperCom Ltd shares, and 1.28% of them are in the hands of institutional investors. The stock currently has a share float of 1.52%.
The former held 44.0 shares worth $636.0, making up 0.00% of all outstanding shares.
