Superconductor Technologies (SCON) Trading 12% Higher
Superconductor Technologies, Inc. (NASDAQ:SCON) shares traded up 12% on Thursday . The company traded as high as $1.43 and last traded at $1.40. 735,555 shares were traded during mid-day trading, an increase of 119% from the average session volume of 336,444 shares. The stock had previously closed at $1.25.
A number of research analysts recently weighed in on the stock. Zacks Investment Research cut shares of Superconductor Technologies from a “buy” rating to a “hold” rating in a report on Thursday. ValuEngine cut shares of Superconductor Technologies from a “sell” rating to a “strong sell” rating in a report on Sunday, December 31st. Finally, HC Wainwright reiterated a “buy” rating and set a $3.00 price target on shares of Superconductor Technologies in a report on Friday, November 10th.
The stock has a market cap of $15.06, a price-to-earnings ratio of -0.97 and a beta of 1.04.
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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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