SuperCom (NASDAQ:SPCB) Shares Cross Above Fifty Day Moving Average – Should You Sell?

SuperCom Ltd. (NASDAQ:SPCB)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $7.49 and traded as high as $9.57. SuperCom shares last traded at $8.76, with a volume of 340,695 shares trading hands.

Analyst Ratings Changes

Several brokerages have recently commented on SPCB. StockNews.com lowered SuperCom from a “hold” rating to a “sell” rating in a research note on Friday, December 13th. Maxim Group raised their target price on shares of SuperCom from $12.00 to $18.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st.

SuperCom Price Performance

The firm has a 50-day simple moving average of $7.49 and a 200-day simple moving average of $4.32. The firm has a market cap of $18.66 million, a P/E ratio of -39.82 and a beta of 0.19. The company has a current ratio of 5.10, a quick ratio of 4.66 and a debt-to-equity ratio of 2.11.

About SuperCom

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.