During the recent session, SuperCom Ltd (NASDAQ:SPCB)’s traded shares were 4.78 million, with the beta value of the company hitting 0.32. At the last check today, the stock’s price was $16.63, reflecting an intraday gain of 25.60% or $3.39. The 52-week high for the SPCB share is $14.96, that puts it up 10.04 from that peak though still a striking 84.67% gain since the share price plummeted to a 52-week low of $2.55. The company’s market capitalization is $28.57M, and the average intraday trading volume over the past 10 days was 0.7 million shares, and the average trade volume was 1.06 million shares over the past three months.
SuperCom Ltd (NASDAQ:SPCB) trade information
SuperCom Ltd (SPCB) registered a 25.60% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 25.60% in intraday trading to $16.63, hitting a weekly high. The stock’s 5-day price performance is 53.13%, and it has moved by 376.50% in 30 days. Based on these gigs, the overall price performance for the year is 222.41%. The short interest in SuperCom Ltd (NASDAQ:SPCB) is 0.28 million shares and it means that shorts have 0.79 day(s) to cover.
SuperCom Ltd (SPCB) estimates and forecasts
In the rating firms’ projections, revenue will increase 4.63% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 6.5M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 7.7M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 5.67M and 6.85M respectively. In this case, analysts expect current quarter sales to grow by 14.68% and then jump by 12.38% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 43.50%. While earnings are projected to return -69.04% in 2025.
SPCB Dividends
SuperCom Ltd is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
SuperCom Ltd (NASDAQ:SPCB)’s Major holders
SuperCom Ltd insiders own 15.86% of total outstanding shares while institutional holders control 1.28%, with the float percentage being 1.52%.
Data provided on Sep 30, 2024 indicates that Fidelity NASDAQ Composite Index Fund owns about 44.0 shares. This amounts to just over 0.00 percent of the company’s overall shares, with a $744.0 market value.
