HC Wainwright Reiterates “$5.00” Price Target for Supercom (SPCB)
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.
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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