SuperCom Ltd (NASDAQ:SPCB) traded at $0.24 at close of the session on Monday, April 29, made a downward move of -0.38% on its previous day’s price.
Looking at the stock we see that its previous close was $0.24. In terms of its 52-week price range, SPCB has a high of $1.28 and a low of $0.15. The company’s stock has gained about 43.98% over that past 30 days.
SuperCom Ltd has a market cap of $6.96 million. Estimates by analysts give the company expected earnings per share (EPS) of $0, with the EPS growth for the year raised at -$0.59 for 2023 and -$0.08 for next year. These figures represent 3.30% and 86.40% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $4.6 million, with a low of $4.6 million and a high of $4.6 million. The median projection represents growth adding up to -26.60% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2023 is expected to hit $26.6 million, or 50.70% up from figures reported last year.
On the other hand, looking at the outlook for the SPCB stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -5.38% off its SMA20 and 16.77% from its 50-day simple moving average. The RSI (14) is pointing at 49.77 while the volatility over the past week is 12.19% and jumps to 23.46% over the past one month. The beta value is 0.14, while the average true range (ATR) is currently pointing at 0.06.
Coming back to SuperCom Ltd (NASDAQ:SPCB), we note that the average 3-month trading volume was 9.55 million. Current shares outstanding are 29.13 million.
The insiders hold 29.96% of the company’s shares while institutions hold 9.83%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -38.11% down in year-to-date price movement.
