SuperCom Ltd (SPCB) Stock Up 4.55%: Latest Performance Analysis

Currently, SuperCom Ltd [SPCB] is trading at $0.17, up 4.55%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SPCB shares have gain 4.36% over the last week, with a monthly amount drifted -5.94%, and not seem to be holding up well over a long-time horizon.

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On 8, February 2024, SuperCom Announces New EM Contract in California. In a post published today on Yahoo Finance, Displacing incumbent competitor with innovative PureOne solution.

From an analyst’s perspective:

SuperCom Ltd [NASDAQ: SPCB] stock has seen the most recent analyst activity on May 03, 2021, when H.C. Wainwright upgraded its rating to a Buy. Previously, H.C. Wainwright started tracking the stock with Buy rating on December 04, 2017, and set its price target to $6. On March 31, 2015, Singular Research initiated with a Buy rating and assigned a price target of $13.25 on the stock. Imperial Capital started tracking the stock assigning a Outperform rating and suggested a price target of $14 on August 22, 2014.

This stock has fluctuated between a low of $0.15 and a high of $1.64 over the last 52 weeks. SuperCom Ltd [NASDAQ: SPCB] shares were valued at $0.17 at the most recent close of the market.

Analyzing the SPCB fundamentals

Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.62 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of5.61.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.1674 points at the first support level, and at 0.1622 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1753, and for the 2nd resistance point, it is at 0.1780.

SuperCom Ltd [SPCB] reported earnings per share of $0.07 for its fiscal quarter that ended on 6/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.55/share, meaning a difference of $0.62 and a surprise factor of 112.70%. By comparison, the stated earnings for the previous quarter ended on 3/30/2023 were -$0.05 per share as compared to estimates of -$0.51 per share, a difference of $0.46 representing a surprise of 90.20%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for SuperCom Ltd [NASDAQ:SPCB] is 8.31. Also, the Quick Ratio is 7.53, while the Cash Ratio stands at 0.45.

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