1 week Ago By ABMN Staff
SuperCom Ltd. ( NASDAQ:SPCB – Get Free Report )’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.
33 and traded as low as $5.38. SuperCom shares last traded at $5.
66, with a volume of 136,368 shares traded. Analysts Set New Price Targets Several equities research analysts have commented on the stock. StockNews.
com lowered shares of SuperCom from a “hold” rating to a “sell” rating in a research note on Friday, December 13th. Maxim Group lifted their price target on SuperCom from $12.00 to $18.
00 and gave the stock a “buy” rating in a report on Tuesday, January 21st. Read Our Latest Analysis on SuperCom SuperCom Price Performance Institutional Investors Weigh In On SuperCom An institutional investor recently bought a new position in SuperCom stock. Renaissance Technologies LLC acquired a new position in SuperCom Ltd.
( NASDAQ:SPCB – Free Report ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,300 shares of the industrial products company’s stock, valued at approximately $50,000. Renaissance Technologies LLC owned 0.
35% of SuperCom at the end of the most recent quarter. 47.81% of the stock is currently owned by institutional investors and hedge funds.
About SuperCom ( Get Free Report ) SuperCom Ltd. provides digital identity, Internet of Things and connectivity, and cyber security products and solutions to governments, and private and public organizations worldwide. The company operates in three segments: e-Gov, IoT and Connectivity, and Cyber Security.
It offers MAGNA, a platform for national ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management. Read More Receive News & Ratings for SuperCom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SuperCom and related companies with MarketBeat.com's FREE daily email newsletter .
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