SuperCom (NASDAQ:SPCB) Stock Price Expected to Rise, Maxim Group Analyst Says

SuperCom (NASDAQ:SPCBGet Free Report) had its target price hoisted by stock analysts at Maxim Group from $12.00 to $18.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the industrial products company’s stock. Maxim Group’s price target points to a potential upside of 35.95% from the company’s current price.

Separately, StockNews.com lowered shares of SuperCom from a “hold” rating to a “sell” rating in a report on Friday, December 13th.

Read Our Latest Stock Report on SuperCom

SuperCom Stock Performance

Shares of SuperCom stock opened at $13.24 on Tuesday. The company has a debt-to-equity ratio of 2.11, a current ratio of 5.10 and a quick ratio of 4.66. The firm has a market cap of $28.20 million, a P/E ratio of -60.18 and a beta of 0.07. The firm has a 50 day simple moving average of $5.45 and a 200 day simple moving average of $3.37. SuperCom has a fifty-two week low of $2.55 and a fifty-two week high of $14.96.

About SuperCom

(Get Free Report)

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 operates in three segments: e-Gov, IoT and Connectivity, and Cyber Security. It offers MAGNA, a platform for national 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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