Superconductor Technologies Inc. (SCON) Rating Reiterated by HC Wainwright
HC Wainwright reissued their buy rating on shares of Superconductor Technologies Inc. (NASDAQ:SCON) in a report issued on Friday morning. They currently have a $3.00 target price on the semiconductor company’s stock.
Separately, Zacks Investment Research raised Superconductor Technologies from a sell rating to a hold rating in a research report on Thursday, October 12th.
Superconductor Technologies (NASDAQ:SCON) traded up $0.02 during mid-day trading on Friday, hitting $1.04. 210,600 shares of the stock traded hands, compared to its average volume of 633,375. Superconductor Technologies has a 1 year low of $0.88 and a 1 year high of $4.50.
Superconductor Technologies (NASDAQ:SCON) last announced its earnings results on Thursday, November 9th. The semiconductor company reported ($0.23) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.02. The company had revenue of $0.13 million for the quarter, compared to analyst estimates of $0.10 million. Superconductor Technologies had a negative return on equity of 97.45% and a negative net margin of 6,897.30%. analysts forecast that Superconductor Technologies will post -0.92 earnings per share for the current year.
Superconductor Technologies Company Profile
Superconductor Technologies Inc is engaged in developing and commercializing high temperature superconductor (HTS) materials and related technologies. The Company operates through the research, development, manufacture and marketing of high performance products used in cellular base stations segment.
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