SuperCom Ltd. (SPCB) Set to Announce Quarterly Earnings on Thursday

SuperCom Ltd. (NASDAQ:SPCB) is scheduled to be releasing its earnings data before the market opens on Thursday, October 20th. Analysts expect SuperCom to post earnings of ($0.05) per share for the quarter.

Earnings History for SuperCom (NASDAQ:SPCB)

SuperCom Ltd. (NASDAQ:SPCB) opened at 3.39 on Wednesday. The stock has a 50 day moving average of $3.43 and a 200-day moving average of $3.61. SuperCom Ltd. has a one year low of $2.96 and a one year high of $8.98. The firm’s market capitalization is $51.29 million.

An institutional investor recently raised its position in SuperCom stock. Parametric Portfolio Associates LLC boosted its stake in SuperCom Ltd. (NASDAQ:SPCB) by 1.0% during the second quarter, according to its most recent filing with the SEC. The fund owned 166,811 shares of the company’s stock after buying an additional 1,611 shares during the period. Parametric Portfolio Associates LLC owned 1.10% of SuperCom worth $634,000 as of its most recent SEC filing. 24.43% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have recently commented on the company. Zacks Investment Research upgraded SuperCom from a “sell” rating to a “hold” rating in a research note on Wednesday, September 7th. B. Riley reiterated a “buy” rating and set a $6.00 target price on shares of SuperCom in a research note on Tuesday, July 12th.

SuperCom Company Profile

SuperCom Ltd. (SuperCom) is a global provider of traditional and digital identity solutions, providing safety, identification, tracking and security products to governments and private and public organizations. The Company offers solutions for traditional and biometrics enrollment, personalization, issuance and border control services.

5 Day Chart for NASDAQ:SPCB

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