SuperCom (NASDAQ:SPCB) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.
According to Zacks, “SuperCom Ltd. is a provider of radio frequency identification solutions. It offers advanced safety, identification and security products and solutions primarily to Governments, private and public organizations. The Company produces systems for viewing, tracking, locating, credentialing, and managing assets and personnel. SuperCom Ltd., formerly known as Vuance Ltd., is headquartered in Qadima, Israel. “
Separately, HC Wainwright reiterated a “buy” rating and set a $5.00 price objective on shares of SuperCom in a research note on Tuesday, August 14th.
SuperCom (NASDAQ:SPCB) last released its quarterly earnings data on Wednesday, November 14th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.01). SuperCom had a positive return on equity of 4.30% and a negative net margin of 17.31%. The company had revenue of $6.08 million for the quarter, compared to analyst estimates of $8.50 million. Equities analysts anticipate that SuperCom will post 0.15 EPS for the current fiscal year.
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 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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