StockNews.com Initiates Coverage on SuperCom (NASDAQ:SPCB)

StockNews.com initiated coverage on shares of SuperCom (NASDAQ:SPCBGet Rating) in a report released on Saturday. The brokerage set a “sell” rating on the industrial products company’s stock.

SuperCom stock opened at $0.48 on Friday. The firm has a 50 day simple moving average of $0.56 and a 200-day simple moving average of $0.65. The company has a current ratio of 4.66, a quick ratio of 4.02 and a debt-to-equity ratio of 6.93. SuperCom has a 12-month low of $0.40 and a 12-month high of $1.59.

SuperCom (NASDAQ:SPCBGet Rating) last posted its quarterly earnings data on Thursday, March 31st. The industrial products company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $3.03 million for the quarter, compared to analyst estimates of $3.20 million. As a group, equities analysts predict that SuperCom will post -0.11 EPS for the current year.

About SuperCom (Get Rating)

SuperCom Ltd. provides digital identity, Internet of Things and connectivity, and cyber security products and solutions to governments, and private and public organizations worldwide. The company offers MAGNA, a common platform for ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management.

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