SuperCom Ltd (NASDAQ:SPCB)’s traded shares stood at 0.34 million during the last session, with the company’s beta value hitting 0.16. At the close of trading, the stock’s price was $8.76, to imply a decrease of -6.51% or -$0.61 in intraday trading. The SPCB share’s 52-week high remains $18.95, putting it -116.32% down since that peak but still an impressive 70.89% since price per share fell to its 52-week low of $2.55. The company has a valuation of $30.45M, with an average of 0.4 million shares in intraday trading volume over the past 10 days and average of 1.21 million shares over the past 3 months.
SuperCom Ltd (NASDAQ:SPCB) trade information
After registering a -6.51% downside in the last session, SuperCom Ltd (SPCB) has traded red over the past five days. The 5-day price performance for the stock is -24.09%, and -2.56% over 30 days. With these gigs, the year-to-date price performance is 81.74%. Short interest in SuperCom Ltd (NASDAQ:SPCB) saw shorts transact 0.21 million shares and set a 0.07 days time to cover.
SuperCom Ltd (SPCB) estimates and forecasts
The rating firms project that company’s revenue will grow 4.63% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 6.5M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 7.7M.Earnings reports from the last fiscal year show that sales brought in 5.67M and 6.85M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 14.68% before jumping 12.38% in the following quarter.
SPCB Dividends
SuperCom Ltd has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
SuperCom Ltd (NASDAQ:SPCB)’s Major holders
SuperCom Ltd insiders hold 15.86% of total outstanding shares, with institutional holders owning 8.54% of the shares at 10.15% float percentage. In total, 8.54% institutions holds shares in the company.
Going by data provided on Sep 30, 2024 , Fidelity NASDAQ Composite Index Fund holds roughly 44.0 shares. This is just over 0.00% of the total shares, with a market valuation of $385.0
