Supercom (NASDAQ:SPCB) received a $5.00 target price from investment analysts at HC Wainwright in a research report issued on Tuesday. The firm currently has a “buy” rating on the industrial products company’s stock. HC Wainwright’s price objective would indicate a potential upside of 170.27% from the stock’s previous close.

Separately, ValuEngine cut shares of Supercom from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd.

NASDAQ:SPCB opened at $1.85 on Tuesday. Supercom has a fifty-two week low of $1.92 and a fifty-two week high of $1.94. The stock has a market capitalization of $30.17 million, a PE ratio of -13.21 and a beta of -0.36. The company has a current ratio of 1.64, a quick ratio of 1.27 and a debt-to-equity ratio of 0.04.

Large investors have recently added to or reduced their stakes in the company. Spark Investment Management LLC bought a new stake in shares of Supercom in the 4th quarter valued at about $122,000. Essex Investment Management Co. LLC bought a new stake in shares of Supercom in the 4th quarter valued at about $409,000. Russell Investments Group Ltd. bought a new stake in shares of Supercom in the 1st quarter valued at about $493,000. Finally, Heartland Advisors Inc. boosted its holdings in shares of Supercom by 11.9% in the 1st quarter. Heartland Advisors Inc. now owns 1,335,652 shares of the industrial products company’s stock valued at $3,646,000 after buying an additional 142,500 shares in the last quarter. Institutional investors and hedge funds own 23.53% of the company’s stock.

Supercom Company Profile

SuperCom Ltd. provides identity, machine-to-machine, cyber security device, payment, and connectivity products and solutions to governments, and private and public organizations worldwide. The company offers MAGNA, a common platform for ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management.

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