SuperCom (SPCB) Projected to Post Quarterly Earnings on Thursday

SuperCom (NASDAQ:SPCB) will likely be issuing its resultson Thursday, March 26th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $6.3380 million for the quarter.

SuperCom Price Performance

SPCB traded up $0.05 during trading on Wednesday, reaching $8.49. The stock had a trading volume of 2,446 shares, compared to its average volume of 78,809. The firm has a market capitalization of $24.86 million, a price-to-earnings ratio of 10.74 and a beta of 0.95. The company has a quick ratio of 7.75, a current ratio of 8.29 and a debt-to-equity ratio of 0.52. SuperCom has a 1-year low of $5.06 and a 1-year high of $13.57. The stock has a 50 day moving average of $8.57 and a two-hundred day moving average of $9.54.

Wall Street Analyst Weigh In

A number of analysts have recently commented on SPCB shares. Weiss Ratings reissued a “sell (d)” rating on shares of SuperCom in a research note on Monday, December 29th. Wall Street Zen raised SuperCom from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, SuperCom has an average rating of “Sell”.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new stake in shares of SuperCom during the 2nd quarter worth $31,000. Citadel Advisors LLC acquired a new stake in shares of SuperCom during the third quarter worth $254,000. LPL Financial LLC acquired a new stake in shares of SuperCom during the fourth quarter worth $92,000. Stifel Financial Corp lifted its holdings in shares of SuperCom by 310.5% during the fourth quarter. Stifel Financial Corp now owns 117,000 shares of the industrial products company’s stock valued at $1,059,000 after purchasing an additional 88,500 shares during the last quarter. Finally, Corsair Capital Management L.P. lifted its holdings in shares of SuperCom by 7.8% during the fourth quarter. Corsair Capital Management L.P. now owns 118,571 shares of the industrial products company’s stock valued at $1,073,000 after purchasing an additional 8,571 shares during the last quarter. Institutional investors own 47.81% of the company’s stock.

About SuperCom

SuperCom Ltd. (NASDAQ: SPCB) is a technology firm specializing in electronic monitoring, digital identity and secure IoT solutions. The company develops and delivers hardware and software platforms designed to monitor individuals in correctional and pre-trial settings, as well as to provide secure digital identity credentials for governments and commercial clients. SuperCom’s core offerings include GPS and radio frequency (RF) tracking devices, biometric readers, secure communications modules and cloud-based monitoring portals.

In addition to correctional monitoring, SuperCom has expanded into the digital identity and eHealth sectors.