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

SuperCom (NASDAQ:SPCB) had its price target lifted by Maxim Group from $12.00 to $18.00 in a research report released on Tuesday,Benzinga reports. The brokerage currently has a buy rating on the industrial products company’s stock.

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

SuperCom Stock Up 10.1 %

NASDAQ:SPCB opened at $14.78 on Tuesday. The stock has a fifty day simple moving average of $5.23 and a 200-day simple moving average of $3.27. The company has a current ratio of 5.10, a quick ratio of 4.66 and a debt-to-equity ratio of 2.11. The company has a market cap of $31.48 million, a price-to-earnings ratio of -67.18 and a beta of 0.07. SuperCom has a twelve month low of $2.55 and a twelve month high of $14.96.

SuperCom Company Profile

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.