SuperCom (NASDAQ:SPCB) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

SuperCom Ltd. (NASDAQ:SPCB)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $7.49 and traded as high as $9.57. SuperCom shares last traded at $8.76, with a volume of 340,695 shares.

Analyst Upgrades and Downgrades

SPCB has been the topic of several analyst reports. Maxim Group upped their price target on shares of SuperCom from $12.00 to $18.00 and gave the company a “buy” rating in a report on Tuesday, January 21st. StockNews.com cut SuperCom from a “hold” rating to a “sell” rating in a research note on Friday, December 13th.

SuperCom Price Performance

The stock’s 50 day moving average price is $7.49 and its 200-day moving average price is $4.32. The company has a quick ratio of 4.66, a current ratio of 5.10 and a debt-to-equity ratio of 2.11. The stock has a market capitalization of $18.66 million, a PE ratio of -39.82 and a beta of 0.19.

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.