SuperCom (NASDAQ:SPCB) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of SuperCom (NASDAQ:SPCB) in a research report sent to investors on Monday. The brokerage issued a sell rating on the industrial products company’s stock.

SuperCom Stock Performance

Shares of SPCB opened at $0.24 on Monday. The firm has a fifty day moving average of $0.21 and a 200-day moving average of $0.30. The company has a debt-to-equity ratio of 7.05, a current ratio of 5.27 and a quick ratio of 4.81. SuperCom has a 1 year low of $0.15 and a 1 year high of $1.28.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SuperCom stock. Armistice Capital LLC raised its holdings in shares of SuperCom Ltd. (NASDAQ:SPCB) by 263.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,400,000 shares of the industrial products company’s stock after acquiring an additional 1,739,000 shares during the period. Armistice Capital LLC owned approximately 39.93% of SuperCom worth $927,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 47.81% of the company’s stock.

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.