The stock price of SuperCom Ltd (NASDAQ: SPCB) has jumped by 8.25 compared to previous close of 3.15. Despite this, the company has seen a gain of 16.38% in its stock price over the last five trading days. prnewswire.com reported 2024-09-16 that NEW YORK, Sept. 16, 2024 /PRNewswire/ — SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced that it has received notice from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with Nasdaq’s minimum bid price for continued listing on the Nasdaq Capital Market set forth in Nasdaq Listing Rule 5550(a)(2) (“Min Bid Price Rule”), and this matter is now closed.
Is It Worth Investing in SuperCom Ltd (NASDAQ: SPCB) Right Now?
SuperCom Ltd (NASDAQ: SPCB) has a higher price-to-earnings ratio of 73.81x compared to its average ratio, The 36-month beta value for SPCB is at 0.04. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for SPCB is 1.56M, and currently, shorts hold a 6.51% of that float. The average trading volume for SPCB on September 18, 2024 was 221.55K shares.
SPCB’s Market Performance
SPCB stock saw a decrease of 16.38% in the past week, with a monthly decline of -10.31% and a quarterly a decrease of -7.74%. The volatility ratio for the week is 6.83%, and the volatility levels for the last 30 days are 10.07% for SuperCom Ltd (SPCB). The simple moving average for the past 20 days is 8.81% for SPCB’s stock, with a -23.88% simple moving average for the past 200 days.
Analysts’ Opinion of SPCB
H.C. Wainwright, on the other hand, stated in their research note that they expect to see SPCB reach a price target of $6. The rating they have provided for SPCB stocks is “Buy” according to the report published on December 04th, 2017.
Singular Research gave a rating of “Buy” to SPCB, setting the target price at $13.25 in the report published on March 31st of the previous year.
SPCB Trading at -3.98% from the 50-Day Moving Average
After a stumble in the market that brought SPCB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -84.91% of loss for the given period.
Volatility was left at 10.07%, however, over the last 30 days, the volatility rate increased by 6.83%, as shares sank -6.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.29% lower at present.
During the last 5 trading sessions, SPCB rose by +16.38%, which changed the moving average for the period of 200-days by -53.04% in comparison to the 20-day moving average, which settled at $3.12. In addition, SuperCom Ltd saw -55.85% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SPCB
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.52 for the gross margin
The net margin for SuperCom Ltd stands at 0.06. The total capital return value is set at 0.06. Equity return is now at value 17.98, with 3.45 for asset returns.
Based on SuperCom Ltd (SPCB), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 2.24. The interest coverage ratio of the stock is 1.23.
Currently, EBITDA for the company is -0.38 million with net debt to EBITDA at 4.3. When we switch over and look at the enterprise to sales, we see a ratio of 1.14. The receivables turnover for the company is 1.62for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.10.
Conclusion
In conclusion, SuperCom Ltd (SPCB) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
