The trading price of SuperCom Ltd. (NASDAQ:SPCB) closed lower on Friday, Feb 19, closing at $1.91, -0.52% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $1.8500 and $1.9450. The company’s P/E ratio in the trailing 12-month period was 0, while its 5Y monthly beta was 0.54. In examining the 52-week price action we see that the stock hit a 52-week high of $3.09 and a 52-week low of $0.25. Over the past month, the stock has gained 45.04% in value.
On the technical side, indicators suggest SPCB has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned SPCB a recommendation rating is 1. Out of them, 1 rate it a Hold, while none recommend Buy, whereas none assign an Outperform rating. None analyst(s) have tagged SuperCom Ltd. (SPCB) as Underperform, while not any of them advise Sell. Analysts have rated the stock Hold, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 0, which symbolizes a positive outlook. A quick review shows that SPCB’s price is currently 17.57% off the SMA20 and 41.65% off the SMA50. The RSI metric on the 14-day chart is currently showing 60.15, and weekly volatility stands at 9.55%. When measured over the past 30 days, the indicator reaches 13.15%. SuperCom Ltd. (NASDAQ:SPCB)’s beta value is currently sitting at 0.54, while the Average True Range indicator is currently displaying 0.22. With analysts defining $2.5-$2.5 as the low and high price targets, we arrive at a consensus price target of $2.5 for the trailing 12-month period. The current price is about 31.58% off the estimated low and 31.58% off the forecast high, based on this estimate. Investors will be thrilled if SPCB’s share price rises to $2.5, which is the median consensus price. At that level, SPCB’s share price would be +31.58% above current price.
To see how SuperCom Ltd. stock has been performing in comparison to its peers in the industry, here are the numbers: SPCB stock’s performance was -0.52% in the latest trading, and +206.45% in the past year, while Johnson Controls Intl (JCI) has traded +0.63% on the day and positioned +32.62% higher than it was a year ago. Another comparable company Fortune Brands Home & Security (FBHS) saw its stock close 2% higher in the most recent trading session but was up +19.95% in a year. Furthermore, Nortonlifelock Inc (NLOK) showed a decline of -0.52% on the day while its price kept rising at 206.45% over the past year. SuperCom Ltd. has a P/E ratio of 0, compared to Johnson Controls Intl’s 51.63 and Fortune Brands Home & Security’s 22.24. Also in last trading session, the S&P 500 Index has soared -0.19%, while the Dow Jones Industrial also saw a negative seesion, down 0% on the day.
An evaluation of the daily trading volume of SuperCom Ltd. (NASDAQ:SPCB) indicates that the 3-month average is 4.69 Million. However, this figure has declined over the past 10 days to an average of 2.73 Million.
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Currently, records show that 18.79 Million of the company’s shares remain outstanding. According to Thomson Reuters data, insiders hold 24.39% of outstanding shares, whereas institutions hold 14.27%. The stats also highlight that short interest as of January 28, 2021, stood at 1.15 Million shares, resulting in a short ratio of 0.25 at that time. From this, we can conclude that short interest is 6.1% of the company’s total outstanding shares. It is noteworthy that short shares in January were down slightly from the previous month’s figure, which was 1.39 Million. However, since the stock’s price has seen +84.47% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.