SuperCom (NASDAQ:SPCB) Price Target Raised to $18.00

SuperCom (NASDAQ:SPCB) had its target price increased by Maxim Group from $12.00 to $18.00 in a research note published on Tuesday morning,Benzinga reports. The brokerage currently has a buy rating on the industrial products company’s stock.

Separately, StockNews.com downgraded shares of SuperCom from a “hold” rating to a “sell” rating in a research report on Friday, December 13th.

SuperCom Price Performance

Shares of NASDAQ:SPCB opened at $14.76 on Tuesday. SuperCom has a 1-year low of $2.55 and a 1-year high of $18.95. The company has a current ratio of 5.10, a quick ratio of 4.66 and a debt-to-equity ratio of 2.11. The stock has a market cap of $31.44 million, a PE ratio of -67.09 and a beta of 0.07. The stock’s fifty day simple moving average is $5.64 and its two-hundred day simple moving average is $3.44.

SuperCom Company Profile

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.