SuperCom Ltd (NASDAQ:SPCB) shares, rose in value on Thursday, April 16, with the stock price up by 6.49% to the previous day’s close as strong demand from buyers drove the stock to $6.40.
Actively observing the price movement in the last trading, the stock closed the session at $6.01, falling within a range of $6.08 and $6.65. The value of beta (5-year monthly) was 1.017. Referring to stock’s 52-week performance, its high was $18.95, and the low was $2.55. On the whole, SPCB has fluctuated by -10.74% over the past month.
With the market capitalization of SuperCom Ltd currently standing at about $22.25 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-22.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SPCB’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of SPCB currently trading nearly -0.92% and -18.31% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.61, while the 7-day volatility ratio is showing 9.93% which for the 30-day chart, stands at 10.82%. Furthermore, SuperCom Ltd (SPCB)’s beta value is 0.82, and its average true range (ATR) is 0.76.
A comparison of SuperCom Ltd (SPCB) with its peers suggests the former has fared considerably weaker in the market. SPCB showed an intraday change of 6.49% in last session, and over the past year, it shrunk by -14.19%%.
Data on historical trading for SuperCom Ltd (NASDAQ:SPCB) indicates that the trading volumes over the past 10 days have averaged 0.11 and over the past 3 months, they’ve averaged 339.53K. According to company’s latest data on outstanding shares, there are 3.48 million shares outstanding.
Nearly 11.44% of SuperCom Ltd’s shares belong to company insiders and institutional investors own 1.16% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 94035.0 shares as on 2025-03-31, resulting in a short ratio of 0.77. According to the data, the short interest in SuperCom Ltd (SPCB) stood at 274.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 66278.0. The stock has risen by 32.78% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SPCB stock heading into the next quarter.
