Maxim Group Raises SuperCom (NASDAQ:SPCB) Price Target to $18.00

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

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

SuperCom Trading Up 11.5 %

SuperCom stock opened at $14.76 on Tuesday. SuperCom has a one year low of $2.55 and a one year high of $18.95. The business’s fifty day moving average is $5.64 and its 200 day moving average is $3.44. The stock has a market capitalization of $31.44 million, a PE ratio of -67.09 and a beta of 0.07. The company has a debt-to-equity ratio of 2.11, a current ratio of 5.10 and a quick ratio of 4.66.

About SuperCom

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.