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Saturday, November 28, 2020

Is Now the Time to Invest in SuperCom Ltd. (NASDAQ:SPCB)?

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SuperCom Ltd. (SPCB) shares are trading at higher $0.96 and the avg recommendation for the stock is Hold.

To add more color to this target, the company’s high over the last year is $3.09 and the low is $0.25. Over the last 52 weeks, SPCB is up 45.45% while the S&P 500 is up 7.73%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, SPCB reported a profit of $3.26 million. SuperCom Ltd. also saw revenues increase to $5.67 million. In addition, SPCB has free cash flow of -$4.5 million as of 06-2019. The company’s EBITDA came in at $0.58 million which compares well with its peers.

SPCB booked profit margins of -76.00%. All told, it is clear that, SPCB needs to be on your watchlist.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. SPCB has a short ratio of 1.03 and outstanding shares of 17.32M.

Company Outlook

SPCB has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.31 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.98. SuperCom Ltd. SPCB also noted assets of $48.76 million at the end of the last quarter. Investors should also keep an eye on sector updates as SPCB has historically followed its peers on positive news.

All told, SuperCom Ltd. SPCB has strung together solid data and demonstrated underlying fundamentals. At its current valuation, SPCB represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

SuperCom Ltd. SPCB is now commanding a market cap of 15.67M and a float of 11.70M. SPCB is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of SPCB stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in SPCB, either long or short, and we have not been compensated for this article.

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